Biglari snaps up more Cracker Barrel shares

Sardar Biglari has repeatedly told Cracker Barrel Old Country Store investors he's in the company for the long haul. He has regularly backed that up by adding to his large stake in the Lebanon-based chain even though its shares (Ticker: CBRL) are at all-time highs. Which is why his purchase of 34,000 shares on Friday and Monday shouldn't come as a surprise. The tab for Biglari's buys, which lifted his stake closer to 17.5 percent, was almost $2.3 million.