Over the weekend, we had a dinner of Chinese food. The fortune cookie that typically comes with the check had the following humorous message. It read, "Change is inevitable, except from vending machines." There was some truth on that slip of paper, and it provided me with a start to an article on B&G Foods (NYSE:BGS).
Peter Lynch, one of the most successful investors in my lifetime is often associated with the advice to buy or invest in what you know. Armed with that advice, I investigated B&G after reading about its hybrid security in a local newspaper (B&G, which is headquartered in Parsippany, NJ is not far from where I live). At that time B&G was a...
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