Callouts & quotes from 37,061+ activist slides

"We believe PepsiCo may have mortgaged its long-term future in key growth markets"

"~25% IRR over first 2.5 years through value creation at BeveragesCo and SnacksCo"

"SOFI's response was a press release that did not address a single factual claim."

"In the absence of alternative etiologies, an association with Wakix is possible."

"I know it doesn't fully work. It's just part of the cocktail, and it's harmless."

"The speed of the meltdown may be one for the ages as its largest users stampede."

"Valeant management has increased the value of B&L from $8.7bn to more than $21bn"

"We believed APD’s EBIT margins (15.5%) could approach comparable Praxair (22.5%)"

"The FTC's findings are substantively identical to the FTC's conclusions in Vemma"

"This type of scam fits well with Triller’s CEO and Co-founder, Bobby Sarnevesht."

"We believe that 58.com (WUBA) is a House of Cards with Little Economic Substance"

"Bosch represents the biggest failure to date for Ceres, but is not the only one."

"This type of scam fits well with Triller’s CEO and Co-founder, Bobby Sarnevesht."

"96% of GreenPower’s vehicles delivered over the past 15 months were the EV Star."

"I'd like to hear your advice on the most comfortable hotel with outmost privacy."

"Would you exit just when the big pay day is about to arrive? Color us skeptical."

"Cumulative Streaming Losses Have Grown to $11bn and are Expected to Reach ~$15bn"

"TSMC appears to be covering up problems with Lasertec tool in order to save face"

"they’re holding off near-term shipments until they resolve these quality issues."

"Solvay is the largest producer of soda ash globally with about 11% global share."

"We hope Solvay creates a nice little wave of dividends and capital appreciation."

"However, these admissions fail to match NNOX’s own claimed development timeline."

"“A lie ain’t a side of a story. It’s just a lie.” — The Wire, season 5 episode 8"

"According to Ms. Roll, $29 million of the fees came from controlled investments."

"“...Our processes and technology generally worked as designed.” — CEO Bob Jordan"

"The New York Office Market is Facing an Existential Hurricane — Land & Buildings"

"misleading investors by obscuring financial performance — SEC (regarding VMware)"

""it would be impossible." — a former employee with knowledge of the relationship"

"「A150は手厚い整備を要する装置です」……「問題のある製品です。……オフラインでよく聞きますが、信頼性はあまり良くないです」 — 元KLAエンジニアリング幹部"

"UBSの2024年1月18日付けのレポート（抜粋） — UBS; シティグループのの2023年12月21日付けのレポート（抜粋） — Citi Research"

"「海外ではEUV-Labsの子会社であるIsteqとして事業を展開している。」 — RnD-ISAN website (via Wayback Machine)"

""Most people prefer small businesses over large chains," — NY Post, Nov 22, 2022"

"[n]o SAEs related to the study drug [atrasentan] to date. — Chinook Therapeutics"

"I used to think he was my imaginary playmate till he stepped on Joey. — P.C. Vey"

"“kind of a bet with shareholder money.” — Monotype 11/30/2016 Investor Day Call."

"I tried Google's Stadia, and latency got me killed — PCGamer article, March 2019"

"Redburn research report Bolloré Wealth Creator published 5/23/2014 — Footnote 36"

"the plasma level average 100.6 + 78.1 ng/mL (n=17) — 2007 Pitolisant pilot study"

"CoreCard Software is also a client of UTS-Global — Source: Ajay Kanhere LinkedIn"

"didn't do anything for less than...25, 30% gross margin. — A former AJR employee"

"Investors should demand far greater explanation of this series of transactions."

"Agilent's net leverage of <1x is significantly below average peer levels of ~3x"

"Implied share price of ~$135 represents significant upside from current levels."

"We estimate that SafeCharge grew over 50% in 2020 with high exposure to gaming."

"We believe that HHC trades at a substantial discount to the value of its assets"

"Based on our research, we find many inconsistencies with Craig-Hallum’s report."

"Based on our research, we find many inconsistencies with Craig-Hallum’s report."

"It Appears HTA’s Board Shows Signs Of A Cabal of Rubber-Stamping CEO Loyalists."

"Permanent capital significantly reduces percent of AUM available for redemption"

"Dated commercial strategy has created a unit revenue headwind for over a decade"

"Insiders were selling stock at prices as low as $0.10 before the recent run up."

"As a common stockholder, we are completely aligned with Box’s long-term success"

"In our opinion, there is that there is nothing unique about Carvana’s services."

"We believe XPO's Adj. EBITDA is overstated as a result of aggressive add-backs."

"Despite claims of success, Phillips has not closed the profitability gap to VLO"

"By contrast, today ERIE's multiple is expanding as the Exchange losses increase"

"Pay close attention to the enormous increase in the warranty provision in 2018."

"Monetizing a non-core asset means getting cash, not playing financial wizardry."

"Fuji will have a myriad of opportunities to oppress us as minority shareholders"

"There are many items in the white paper that seem inaccurate or out of context."