Callouts & quotes from 37,061+ activist slides

"Alarmist and/or Questionable Medical Content"

"Red Alert. Where there's smoke, there's fire"

"The Board must objectively evaluate the CEO."

"Promoting customers to switch to store brand"

"Headcount Growth Slower Than Bookings Growth"

"The fine print now says "Net" Cost Synergies"

"The vast majority of distributors lose money"

"花王のキュレルやフリープラスは粗末な棚スペースに、サイネージすら無い状態で陳列されている"

"No open market purchases in the last 5 years"

"Radovan Vitek’s Ship Has (Literally) Come In"

"YOUR VOTE MATTERS HELP TRANSFORM PHILLIPS 66"

"Planned Actions Reduce Diesel Usage by 18.2%"

"Faster turn times reduce active cars online."

"12.0 percentage points EBIT margin expansion"

"Management’s actions contradict their words."

"We do not believe Patch is a viable business"

"Only One Analyst Recommends Buying the Stock"

"His channel is as predictable as it is dull."

"Vote the GOLD card to stop rewarding failure"

"The vast majority of distributors lose money"

"We believe its value today is close to zero."

"Large reimbursement, overpayment (potential)"

"We believe its value today is close to zero."

"GreenPower buses aren't commercially viable."

"Okay. Hope the masseuse is very sexy, right?"

"HLF’s operating results deteriorated in 2015"

"CO2 Environmental enemy No.1 — The Economist"

"If you can't measure it, you can't manage it"

"“most likely a mistake” — WHO representative"

"“dramatically overstaffed” — Marc Andreessen"

"Source: Interviews with Chinese Distributors"

"Source: Interviews with Chinese Distributors"

"Okay. Hope the masseuse is very sexy, right?"

"Other categories structurally disadvantaged"

"Fastest EBITDA Growth within its peer group"

"Trading Price Estimate July 31, 2013 $44.57"

"INSURING AGAINST A MANAGEMENT FEE REDUCTION"

"ADP's flat labor productivity is troubling:"

"VOTE FOR: THE “GOLD CARD” AND STREAMLINE 66"

"W.T.F. = True Lines = True Science = PetIQ."

"Darden can be turned around, Brinker did it"

"Will perpetual restructuring mode ever end?"

"Paramount Has Lost Significant Market Share"

"Investors appreciate certainty of cash flow"

"Spin-Out Proposal Permanently Impairs Value"

"Darden can be turned around, Brinker did it"

"Agreement is non-exclusive and “multi-year”"

"Will perpetual restructuring mode ever end?"

"Hess has clearly not examined MLP potential"

"Target 90% mix of franchised stores by 2020"

"Transformation Underway... But Nobody Cares"

"本改定後TOBは同社の価値を著しく過小評価しており、重大なガバナンス上の問題が存在する"

"62% of cash flow blown on share repurchases"

"Since January 2006, home prices are up ~90%"

"Hong Kong has a history of budget surpluses"

"2 to 3% RTM CAGR and inflation plus pricing"

"Accelerate Expense Capitalization and Capex"

"What else do you get for $122.12 per share?"

"What is the Herbalife business opportunity?"

"7% “Packaging & handling” and 15% “freight”"