Callouts & quotes from 37,061+ activist slides

"It’s like a second punch and your drug dealer is giving you your first hit and now you’re on your own."

"I've been impressed with the data so far, and I am looking forward to getting more experience with it."

"For Kao to succeed, it must have the right leadership, incentives, oversight, and strategic direction."

"This supports our belief that LSPD had lingering problems with its financial accounting and reporting."

"We estimate sales declined 24% and losses almost doubled in the quarter after LSPD acquired Gastrofix."

"County assessment histories show that the property is worth $10M, compared to the $13M IIPR is paying."

"Despite significant share price appreciation, we believe QSR remains a compelling long-term investment"

"Washington State’s $38 Million Fine On PLTK Signals Regulatory Risks Catching On With PLTK In The U.S."

"This check can easily be automated for all review profiles but apparently Trustpilot fails to do that."

"It has been one-way traffic, a firehose of insider equity jammed down the throat of the public market."

"How Does This End? Without A Major Improvement in Cash Flows, We Think Every Option is Dilutive to NAV"

"The added benefit is we call it 'quantum' and this is a benefit, to some, in the marketing department."

"The ACTIS tool’s claim-to-fame is that it is the first and only “actinic” EUV mask inspection machine."

"We believe Ferguson's blended branch business should be valued in-line with specialty RMI distributors"

"Spruce Point believes the MA case will get moved to federal court and ultimately a petition to SCOTUS."

"“intimidation, lying, harassment, [and] nepotism” — Glassdoor anonymous review dated November 6, 2019."

"“IAA Requires Significant Capital to Have a Chance at Stabilizing Market Share Losses” — Luxor Capital"

""It is impossible to produce superior performance unless you do something different." — John Templeton"

"Eric was dismissed without pay in connection with Red Hat’s workplace standards. — Wall Street Journal"

"we sold $312 million of senior secured loans at a par execution. — CFO Lapointe, Q3 2024 earnings call"

"「依然として、当該価格は当社取締役会及び本特別委員会が想定する価格水準から乖離があり、少数株主保護の観点からも本公開買付価格の大きな引上げが必要であること」 — 豊田自動織機 (2026年1月9日付回答)"

"no major ups or downs — CFO, Q2 2022 Conf Call; very little risk in Argentina — CEO, Q1 2022 Conf Call"

"Herbalife is a fantastic Business Opportunity! — Herbalife Independent Distributor Presentation (2009)"

"One former sales executive told us that long-term contracts and discounts were used to retain clients."

"No. TSMC is not happy with Lasertec...it's very expensive but the throughput is slow. — TSMC Executive"

"“talked to a number of people in Congress” — GE; “it worked.” — G-20; “exit velocity.” — Larry Summers"

"「この1年ほど、業界は全体的に低迷しています。TSMCは投資を控えてきました。また、インテルも1年以上前から検査装置などの発注を控えてきました。」 — レーザーテックのCEOに親しい半導体企業の元上席幹部"

"Levi Mochkin, undertook never to advise or deal — ASIC 2001-02 Enforcement and Enforceable Undertaking"

"the seizure, occurring after starting the product, was ‘not true’ and ‘an error.’ — Physician's office"

"88% de todos los distribuidores no recibieron comisiones de Herbalife en el 2012 — Datos de Herbalife."

"They’re [Management] is looking for some end game and money is the only thing I see. — Former employee"

"Recent macroeconomic concerns have caused CP’s shares to trade at a discount to their intrinsic value"

"Following a sustained period of strategic refranchising, JACK's shares have outperformed the industry"

"DKNG’s growth is accelerating and outpacing Genius’ which is growing off a significantly smaller base"

"Based on the trend of stationing, the profit of the direct owned school gets our prior consideration."

"EDU’s VIE structure deviates widely from best practices and is among the most troubling we have seen."

"FIGS likes to speak about its tenured management team, but we believe the reality is quite different."

"The bankruptcy trustee described it as a "Fraud" and having "many characteristics of a Ponzi scheme"."

"Starboard’s settlement with Box resulted in long-overdue changes, with continued room for improvement"

"Neither of Box’s two major product launches in 2021 are borne from the Company’s internal R&D efforts"

"Why were bonuses based on decelerating growth while management claimed a reacceleration was imminent?"

"The Board has significant interlocks that have created an insular environment that lacks independence"

"In the face of numerous macro concerns, food companies offer attractive risk-reward at current levels"

"Short-term cash bonuses are growing as a percent of total compensation for Procept senior executives."

"Approximately 50-60% potential upside assuming Danone trades at same FCF yield as Unilever and Nestle"

"Despite an approximately even distribution of patents, 93% of license revenue comes from Tessera Inc."

"it seems to be a shadow actor on TRE’s behalf to setup undisclosed but related subsidiaries in China."

"Mr. Ströer, are either you or those closest to you financial beneficiaries of the Sambara Foundation?"

"Navy announcement of Lenovo concerns coincides almost precisely with the peak in Lenovo’s share price"

"Debts to related companies mainly consist of cash deposits received from subsidiaries of the Company."

"We believe Darden needs to follow the words it once said and revive the brand with excellent leaders."

"In July 2007, KKR bought Dollar General. Less than four years later, let’s compare the two companies:"

"Not only has Goodyear failed to close the margin gap vs. peers, the margin gap has continued to widen"

"THIS BUSINESS WOULD LIKELY ATTRACT SIGNIFICANT INTEREST FROM THE EXISTING JV PARTNER OR ANOTHER BUYER"

"Ex employees call single-layer merely "academic" and the lack of multi-layer data "super concerning.""

"While we value LP units at the current unit price, comps-implied yields suggest upside to MPLX units."

"We believe Autodesk can achieve 45%+ Adj. Operating Margins and $3.4 billion of Adj. EBITDA by FY2027"

"The McDonald's Board has failed to prioritize ESG and ensure the Company meets its stated commitments"

"The McDonald's Board has failed to prioritize ESG and ensure the Company meets its stated commitments"

"We believe the Company is fundamentally misvalued by Wall Street and is more levered than it appears."