Callouts & quotes from 37,061+ activist slides

"THIS PORTFOLIO IS UNDERVALUED IN THE CURRENT STRUCTURE"

"第11部　レーザーテックが横浜市で開発工事中であるという「レーザーテック・イノベーション・パーク」は詐欺だ。"

"I think the gravy train is coming to an end, honestly."

"I don't see any advantage in using their pump anymore."

"Remove 450 From Service (14%, conservative assumption)"

"CoreWeave's business runs on leverage, not innovation."

"it's a two-hit...that increases your risk...absolutely"

"Our doctor interviews indicate no shortage of options."

"We believe this is a major red flag for PBH and Sacco."

"Passes Pershing Square’s high bar for business quality"

"We are discounting the rent by 36% due to overpayment."

"We are discounting the rent by 33% due to overpayment."

"...and NFLX EBIT margins are ~4,000bps higher than DIS"

"Lasertec valued at a higher premium to R&D than Nvidia"

"Half the revenue but more than twice the profitability"

"There's not much evidence that it's a working machine."

"“changes to the business model” — Herbalife Management"

"“HONEY! I’M IN A THOUSANDTH PLACE!” — CartoonStock.com"

"“very likely over” — Federal Reserve Chairman Bernanke"

"“the facts were a little different.” — Lehman Brothers"

"NQ Mobile Announces Senior Manager Share Purchase Plan"

"A great idea solves multiple problems at the same time"

""Put that away. Your money's no good here." — Shanahan"

""It was a great year for us" — William Sandbrook (CEO)"

"「実に怖い。ヘンです。もしほんとうに10億ドルもの在庫を抱えているならば、それはやばい」 — KLAの元幹部"

"The Patient was "condemned to die" — Prof. Macchiarini"

"I'd like to have - Flexible rate & cancellation policy"

"“no clear path to a friendly merger at this time” — CP"

"We believe the following series of steps is required:"

"Box significantly missed its large deal growth target"

"Investors are effectively paid to wait for a recovery"

"We don't believe either is true, at least materially."

"During this period, revenue per employee plunged 70%."

"We Will Demonstrate That if ADP is Managed Optimally:"

"2021 Return: PSH Net of Fees vs. Indices Total Return"

"1. SH Fengxian transfers 97% interest to Ding Kunming"

"Peiyou offline enrollments appear to be declining YoY"

"Always be mindful of authenticity, quality, and value"

"GoDaddy has 3-5x more customers than its public peers"

"They always pick a bad cell to compare their cell to."

"What about the building changed? Apparently, nothing."

"your entire computation breaks down after a few steps"

"Is Dauman worth 6x more than Netflix's Reed Hastings?"

"Inflated from multi-year, upfront enterprise billings"

"We believe that BOOT has a bloated inventory problem."

"Always be mindful of authenticity, quality, and value"

"Remember, Wall Street insists this is a coal company."

"Brand Tripadvisor revenue has been declining modestly"

"Dr. Kleinfeld has been resisting this for a long time"

"We have never been “happy” with Dr. Kleinfeld. Never."

"We See 30% -50% Downside Risk To Skechers Share Price"

"Vote "FOR" to Item 6 at the 15 May 2024 BlackRock AGM"

"+39% upside to intrinsic value as of January 16, 2026"

"Twist is not even the fastest pig at the county fair."

"The U.S. unemployment rate improved 20bps in November"

"Sensai is tiny compared to peers, it has room to grow"

"Pricing model limits exposure to customer contraction"

"Warning! FND just slowed store growth from 20% to 14%"

"Significantly Worse Financials than Five Years Ago..."

"XL'S CLAIMED CUSTOMER BASE APPEARS GROSSLY OVERSTATED"