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  • I believe markets are mostly efficient, but currently, the market is wrong about BWLD. Looking at the published Earnings growth of BWLD since 2003:  Net Income in Millions: 2003-> 4m  7m  9m  16m  20m <--TTM  The growth rate is way above 15%, and since BWLD is only half-way through its aim of 1000 restaurants, I do expect the revenue growth to accelerate though
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