Callouts & quotes from 37,061+ activist slides

"Trian has a track record of adding value in the Boardroom, improving both operating results and share price performance."

"If the mortgage defaults, home prices would need to decline by more than 20% for the mortgage guarantor to suffer a loss"

"The GSEs' guarantee business should have a lower capital ratio than banks and PMIs to reflect the lower risks they incur"

"The GSE restructuring plan enables Fannie to achieve the capital level required to exit conservatorship by year-end 2026"

"Insiders rush for the exits just as management announces plans to exit underperforming businesses and shift M&A strategy"

"「証拠は何一つを見せてくれていません。私としては、ロシアのIsteqから導入したあの光源についてとても懐疑的に思っています。現状ではうまくいくはずがないのです。ただの研究所の試作品であって、実用性に乏しく、概念から一歩踏み出した程度です。」"

"「レーザーテック製の装置の品質上の問題に関する懸念があり、本社を訪問したわけです。工場から出荷される装置の品質向上の取り組みを、現場で確認するためでした。……ただ苦情をいうために出向いたのではありません。訪問したのは技術系の上席幹部でした」"

"We Believe Broadridge Is Not A Leading SaaS/Fintech As Promoted, But Rather A Low-Tech Business Process Outsourcer (BPO)"

"Each of the companies is expected to see improvement in growth + profitability in 2023, largely due to margin expansion."

"GoDaddy is a high-quality, infrastructure-like business that should be able to generate best-in-class financial results."

"Dozens of vendors like Sony, Thermo Fisher, and others sell cytometers, typically for $75-100K vs. BLI’s Beacon at $2MM."

"BLI has peaked; losing ground and “not selling many instruments”; competitors view their volumes as “a bloody disaster.”"

"We see that 2011 total depreciation and amortization (“D&A”) was $481 million, and later revised to $282 million (-41%)."

"Ironic Fact: TAL was likely the first Shunshun investor to actually record a cash contribution into the Shunshun entity."

"Spruce Point finds more evidence that Magnite is under revenue pressure, and is prone to over-promise and under-deliver."

"We view Fairfax's behavior during this time as that of a stock promoter running a "pump and dump" with respect to Digit."

"In total, the collected data suggested that BEKE inflated its new home and existing home sales GTV by 65% in 2Q-3Q 2021."

"Despite its tenant exposure, Realty income has outperformed the U.S. real estate index (1) by ~35% since January 1, 2008"

"SCT’s 63% discount to NAV is extreme, but is highly resolvable with the potential to unlock up to $25bn of latent value."

"Lack of action to address the SCT Value Gap indicative of insufficient alignment of management and shareholder interests"

"Chinook's other trial, the ALIGN trial, includes a placebo—perhaps this is why we Chinook has presented no data from it."

"~80% of Penney’s on-mall stores are in shopping centers with sales >$300 per sf. For Macy’s, this figure is roughly ~75%"

"With 1 net store closing in 2018 and continued underlying business pressures, we expect 2018 performance to deteriorate."

"HUNTSMAN NEEDS STRONG INDEPENDENT BOARD MEMBERS WHO WILL DEMAND IMPROVED PERFORMANCE AND HELP MAXIMIZE STOCKHOLDER VALUE"

"REZI appears to be retroactively moving restructuring charges to suit their purpose or making careless reporting errors."

"The next phase of the market will see increasing numbers of exits, even as the number of new entrants continues to grow."

"Why has Verint become less transparent into its M&A activity just as it ramps up its spending on "tuck-in acquisitions"?"

"One area that has certainly struggled is Latin America, falling below expectations dating back to pre-acquisition Bemis."

"Excluding AFAM locations allows management to report high single-digit organic growth, which would otherwise be below 2%"

"Since inception of the position, UBER's share price increased 23% in 2025 and has declined (10)% year-to-date in 2026(1)"

"Since inception of the position, AMZN’s share price increased 34% in 2025 and has declined (10)% year-to-date in 2026(1)"

"He stated that Nevro’s product was designed for “lazy” or “greaseball” implanters who don’t care about patient outcomes."

"A simple literature search shows why KOL’s broadly ridicule Nevro’s PDN hype as stock promotion and Wall Street naivete."

"I know for a fact, on the inside, Grossman has said he's scratching his head over why the stock has done what it's done."

"花王のブランドはブログ・ポッドキャスト・ロコミ・YouTubeにおける広告（インフォマーシャル）などが全般的に不足している結果、特に認知度の低い海外において、同社ブランドに対する消費者の関心を掻き立てる施策が不十分だと、オアシスは考えます。"

"Remember that the issuance of the iPrefs doesn't require Apple to actually use any of its existing $137 billion of cash."

"As we discuss in this report, we believe that fewer than half of the buses in CCME's network actually show CCME content."

"Each of the companies is expected to see improvement in growth + profitability in 2023, largely due to margin expansion."

"GoDaddy is a high-quality, infrastructure-like business that should be able to generate best-in-class financial results."

"If the mortgage defaults, home prices would need to decline by more than 20% for the mortgage guarantor to suffer a loss"

"The GSEs' guarantee business should have a lower capital ratio than banks and PMIs to reflect the lower risks they incur"

"The GSE restructuring plan enables Fannie to achieve the capital level required to exit conservatorship by year-end 2026"

"Like a magic trick, while everyone is focused on Elon smoking weed, he is quietly smoking the whole automotive industry."

"マーベル・テクノロジーの上席従業員の話によると、レーザーテックの棚卸資産にはほぼ価値がないだろうと思わせる。レーザーテックは、当社がA300を購入する場合、私たちが持っているA150と交換する形でA300を割引価格で売却すると申し出ました。"

"It is, no question, overpriced...there’s lots of precedence for this sort of stuff happening in the healthcare industry."

"Unaffected Stock Price(4) Has Declined -11% Since the Separation of Conoco (16+ years) And Down -20% From Peak (5/20/98)"

"Unaffected Stock Price(4) Has Declined -11% Since the Separation of Conoco (16+ years) And Down -20% From Peak (5/20/98)"

"DuPont's organic revenue growth has trailed peers in 5 of 7 segments (~71% of revenues) and has rarely met its own goals"

"Mr. Lamphere's guiding principle for management on the subject of safety is as follows: Ignore safety and you are fired."

"Retaining assets in case they will be needed creates congestion, out-of-route miles and inefficient workforce deployment"

"As the #1 company in the space and with >2x share of the industry's #2 player, Sony Semiconductors fits this description"

"Leidos revenues have increased ($11+$7+$11) = $29m from the IMX acquisition in 2020 not by $23m as described in the 10-Q"

"The lower figure in the peer-reviewed manuscript is more favorable to Soleno, suggesting that they manipulated the data."

"The two data HbA1c data points - highlighted again in red/yellow – are above all of the points in their own time series."

"Muted. I’ve not had anyone call up at all. There’s been no push to do this drug. I have not had families call up at all."

"By definition, many of these patients are going to be susceptible to full-blown diabetes and impaired glucose tolerance."

"Proceeds from the IPO and the sale of the remaining interest in the credit card receivables can be used to pay down debt"

"The report noted that "with a positive dechallenge, a causal association with WAKIX for the events cannot be ruled out.""

"But we are overall concerned that audit fees are not growing in line with revenues, and are in fact in a downward trend."

"MDLZ’s share price including dividends has increased 18% from our average cost at announcement date to January 20, 2017*"