Dear Client:It's been reported over the past few days how Boston Beer Co.'s largest shareholder, Hong Kong-based Tybourne Capital has practically doubled-down on BBC's stock after it plummeted 50% from its high a year and a half ago. There are only two reasons why this hedge fund -- which keep in mind that hedge funds seek their payout in fewer years than more years -- is making such a big bet in BBC (10% of their holdings, which is huuuuuge):They
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