Callouts & quotes from 37,061+ activist slides

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People's Republic, Russia (14-17 years old)."

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People's Republic, Russia (14-17 years old)."

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People's Republic, Russia (14-17 years old)."

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People’s Republic, Russia (14-17 years old)."

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People's Republic, Russia (14-17 years old)."

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People's Republic, Russia (14-17 years old)."

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People’s Republic, Russia (14-17 years old)."

"During the Great Depression, the U.S. mortgage market was paralyzed and required significant government involvement to eventually recover"

"The stage "makes particles" that cause contamination, degrading the imaging optics and mirrors, costs millions of dollars a year to clean"

"The big thing is the light. For production, for productivity, and for economic considerations, KLA performs better than Lasertec in TSMC."

"Images posted on LinkedIn from within Sorena Turbine’s MRO show an FTAI Module Factory branded box sitting prominently on the shop floor."

"In the best case scenario, ONP paid less than $5 million total for both sets of assets, thereby leaving over $25 million unaccounted for."

"Our Titan Project is the large scale, simple & sustainable answer to U.S. critical mineral supply chains — IperionX Investor Presentation"

"Will represent a small percentage of fund capital in the aggregate and an appropriate "return on invested brain damage" — Pershing Square"

"SEC Charges Surgical Implant Manufacturer Surgalign and Former Senior Executives with Accounting and Disclosure Fraud — SEC Press Release"

"“Now let's also look at transformation, it's on track, Firth Rixson, I'll talk about later, on track” — Dr. Klaus Kleinfeld, July 8, 2015"

"“Celebrity CEOs, at those same decision points, are more likely to favor self and ego over company and work.” — Jim Collins, Fast Company"

"Liu Yishou said if he didn't return to YY, he might have been gone forever. This time, he came back to ‘scam money.’ — Sina News headline"

"in many ways, the fraud here has many of the characteristics of a Ponzi scheme — The bankruptcy trustee regarding Fletcher International."

"(...but, if management is conducting hidden asset sales, could it be hiding gains in operating income?) — Spruce Point Capital Management"

"“Nutrition Clubs in commercial locations are a great way to build a stable customer base and downline.” — Larrle Marzlo, Millionaire Team"

"CEO Farrell boldly claimed that FLAWLESS is a “brand new category”, yet retailers can't seem to agree how best to position it on shelves."

"「当社の競合他社が一旦つばをつけけれど、あとになって『やっぱり要らない』と言ったから余っているようです。当社がA150を追加で買えば、大きく値下げして売ってもらえる、とのことでした。なんか、1500～3000万ドルと言っていたらしい」 — マーベル・テクノロジーの上席従業員"

"The Stryker name carries a premium to it. I believe we overpay. When I was there I felt like we overpaid for deals. — Former M&A Employee"

"On 17 December 2013, Ströer announced that Alfried Bührdel, who had been Ströer’s CFO for 16 years, was resigning “for personal reasons”."

"In a 1998 statement to the IMF, former FTC General Counsel Debra Valentine noted that inflated prices are indicative of a pyramid scheme."

"See Global Hunter Securities, LLC “Continued due diligence on CCME reinforces our thesis; Reiterate Buy” (February 1, 2011). — Footnote 2"

"“They locked me in and took my kidney” — Organ trafficking in Egypt headline. “I woke up screaming” — Egypt's organ traffickers headline."

"Whether you want to Borrow, Spend, Save, Invest, or Protect SoFi is the best place to go to Get Your Money Right!! — SoFi signature block"

"Mr. Parsons, on December 8, 2005, said that he believed that TWX has “hit the right balance” — UBS Investor Conference, December 8, 2005."

"In a 1998 statement to the IMF, former FTC General Counsel Debra Valentine noted that inflated prices are indicative of a pyramid scheme."

"The email sofitel.abidjan@sofitel.com shall be used for all your future reservations request for Sofitel Abidjan Hotel Ivoire, thank you."

"Vi har finansierat hans köp av de 20 procenten. — Dagens Nyheter (Translation: We have financed his [Shrestha's] purchase of 20 percent.)"

"The tables below show the adjusted Subscriber Value and Net Earning Assets, which decline 24.0% and 85.4% at the midpoint, respectively."

"Despite significant operational progress throughout the year creating the “New Valeant,” share price performance continues to disappoint"

"However BJ Operation's Financials Purport to be Those of a School with EIT Exemption During 2009 – 2011, These are Fraudulent Financials"

"This contradicts EDU's frequent mention of its "premium pricing" in China to explain how it is producing 60% gross margins to investors."

"Spruce Point also sees that GFL restated its Adjusted EBITDA to make the USA Waste segment's margins look much better by +2.1% (210bps)."

"The appraiser on a purportedly US$585.4 million transaction is located in the house to the left, next to the wall with the bullet holes."

"Occupancy costs a relatively small contributor to SG&A across most auto dealers – even traditional dealers with a brick-and-mortar focus"

"This strongly suggests it has been covering up strain in its business, consistent with our analysis and observations on the prior slide."

"However, since 2024 management has not revised guidance during the year and is on pace for two consecutive years of large target misses."

"While ADP's win / loss commentary is accurate at a total client level, it masks share losses to competitors in Mid-Market and Enterprise"

"We believe this structure was an attempt to create a wide discount between DVMT and VMW, and it should be noted, it was very successful."

"We see potential for >$300 million in EBITDA improvement before taking into account our Olive Garden turnaround plan to increase traffic"

"Continuous innovation, rather than adherence to rigid bureaucracy, would allow Olive Garden to stay relevant generation after generation"

"Bob Evans has under-performed other selected publicly-traded family-dining restaurant peers, by as much as 41.1%, over the last 3 years."

"Goodyear’s consumer retail business only accounts for ~7% of total revenue but could be worth nearly the Company's market capitalization"

"As a public company, we believe that IPX should be taking greater measures to safeguard its assets, intellectual property, and know how."

">70% of '25 EBITDA comes from more defensive midstream, chemicals, and marketing segments – all premium multiple businesses vs refining."

"A former employee indicated that the scaling and manufacturing challenges for flat separators are multiplied by having to stack them up."

"All of the plots in the green-outlined zone have the same land price value. The same value is given to plots with and without buildings."

"HHH’s access to public and private capital will improve substantially by virtue of Pershing Square’s investment in and leadership of HHH"

"The investor presentation indicates they only have three quantum computers in service, implying >$500 million of market cap per machine."

"A simple calculation should yield a perfect answer, but errors in quantum computers quickly garble the answer and make it unrecognizable"

"“Little toy computer” that can “perform some contrived application”; can’t scale to a useful number of qubits; difficulty is exponential"

"Abbott, as the low-cost manufacturer by a factor of 4, can put heavy pressure on Dexcom profits with little downside to its own margins."

"Accordingly, we believe that DXCM shares would be more properly valued at 5-6x sales – about where they traded prior to the 2018 run-up."

"Implement business improvements to achieve operational efficiencies, increase margins and maximize cash flow available to equity holders"

"If performance metrics are manipulated upwards, the Financial Goal Funding multiplier will increase and result in a higher bonus payout."