What Makes Sysco Corp. (SYY) an Investment Bet?

Fiduciary Management Inc. (FMI), an independent money management firm, released its third quarter 2023 investor letter. A copy of the same can be downloaded here. After a strong start to the year, the market gave up some of its gains in September. The FMI Large Cap Strategy declined 2.3% (gross) / 2.4% (net) in the quarter compared to a 3.27% drop in the S&P 500 Index and a 3.19% decline in the iShares Russell 1000 Value ETF. The FMI Small Cap Strategy lost 1.7% (gross) / 1.9% (net)...