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Maria Bartiromo

Sam Zell wants to run grocery stores? Tribune redux

Sam Zell wants to run grocery stores? Tribune redux

One does not amass billions of dollars without learning a thing or two about making shrewd investments. "Sam Zell knows all about buying low and selling high," television's Maria Bartiromo explained in 2010, in case you were wondering.

Zell, a colorful Chicago mogul, indeed has uncannily parlayed a keen eye for opportunity and a pro gambler's appetite for calculated risk into a vast fortune. His successes are celebrated in many circles, his failures quickly dismissed.

We don't yet know which will prove to be the case should Zell succeed in his reported effort to acquire more than 100 grocery stores owned by Albertsons, the parent of Jewel-Osco, assuming it happens at...