While Coke, McDonald’s, Nestle and the rest of America’s food giants capture nearly 90 cents out of every dollar spent on food their consolidation is beginning to erode, at least a little bit. And amid this shifting landscape paying huge prices for little companies continues unabated. In this 2nd episode of Cornucopia Point of View we look at Nestle’s $425 million dollar purchase of a 68% share of San Francisco based Blue Bottle Coffee and wonder when investors and analysts alike are finally going to realize that the emperor is both naked and stupid.