Callouts & quotes from 26,677+ activist slides

"In contrast, David Li did not personally invest in Bigo until December 14, 2014."

"A $250 million share backstop at $5.00 per share strengthens GGO’s balance sheet"

"We believe management should have disclosed this on the Company’s earnings call."

"Since 2022, ~73% (eight of 11) of the CEO's direct reports have left the Company"

"They have... the subsidiary in that province because they have to pay the taxes."

"Relative to leases or PPAs, purchases made with a loan are better off from day 1"

"Growth predominantly by acquisition. Just 2% of net headcount added among peers."

"Pershing spoke with franchisees from around the world. Here’s what they told us:"

"Mellon Financial has not been fully integrated seven years after the acquisition"

"Revised TOB values the core operating business at an ~85% discount to fair value"

"Having been in the CEO seat, we appreciate that change does not happen overnight"

"We question whether this discrepancy indicates a cash hole in CPI PG's accounts?"

"To estimate 2015 revenues per program, we used the following data and estimates:"

"Valuation: A revolutionary asset worth USD500m-700m unknown to the equity market"

"We believe investors underestimate the strength of competition faced by Samsara."

"Contractual revenues represented 49% of LTM 6/30/12 revenue, up from 29% in 2006"

"Fannie and Freddie's role has increased significantly since the financial crisis"

"Separating Retail will immediately unlock value and allow the business to thrive"

"NEOs Have Been Paid $1 Billion Despite Total Shareholder Return Underperformance"

"Despite these clear results, Phillips 66 attempts to demonstrate outperformance."

"Nearly every reporting segment was expected to grow revenue at a multiple of GDP"

"All of the Company’s core businesses FAILED to generate above GDP growth in 2016"

"We believe Dr. Beckerle owes her current position at HCI to the Huntsman family."

"Why does the list of Performance Peers fluctuate meaningfully from year to year?"

"Separation is likely to be the best path to enhance long-term shareholder value."

"Track Record of Prescient Research Calls Emanating From Deep China Due Diligence"

"Spruce Point believes Aegon's shares present a poor risk / reward for investors."

"Rating agencies already have St. Jude Medical on negative watch for a downgrade."

"Despite these clear results, Phillips 66 attempts to demonstrate outperformance."

"Gil Lamphere is one of the most experienced railroad executives in North America"

"Trian continues to believe that Lazard should de-classify its board of directors"

"Potential for SBUX shares to more than double in value over the next three years"

"CRM has improved on the Rule of 50 since the 2022 Active-Passive Investor Summit"

"Fannie and Freddie’s role has increased significantly since the financial crisis"

"「レーザーテック製の装置を購入したほとんどの顧客はその装置を導入するにあたり、苦労しています」。現在の売上は、過去に受注した予約注文が占める比重が大きいだろう。"

"レーザーテック製の深紫外線装置と極端紫外線装置は、いずれも同様の光源と微粒子汚染の問題を有している。このことは致命的で、不良で不能な技術開発体制を証明している。"

"レーザーテックにとっては、かなりきついつ条件になったでしょう。当社も同じでした。したがって、在庫が増えては当然です。だって、レーザーテックは出荷していないんです"

"Why has SG&A increased by $41 million when revenue has decreased by $62 million?"

"The first Darden spin-off of restaurant concepts should be SRG, not Red Lobster."

"Why has SG&A increased by $41 million when revenue has decreased by $62 million?"

"HireAHelper didn't even appear in the zipcode where the company is headquartered"

"Beyond the highways, though, is where the business model falls apart for Aurora."

"Investors in PSH may lose all, or substantially all, of their investment in PSH."

"Most concerning, Rubicon has never put video revenue figures in its SEC filings."

"We believe Bloomingdale’s owned real estate is worth approximately $1.4 billion."

"Financial leadership failed to establish credibility with the investor community"

"Olam’s core trading business appears to be scaled well beyond what it should be."

"Since the GFC, Fairfax's CAGR (Including Dividends) Has Fallen Well Short of 15%"

"Of the 51 Lianjia stores we should have found in Langfang, 19 were ghost stores."

"BMC offers a significant accretion opportunity to a potential strategic acquirer"

"Now is the time for BMC to make the changes necessary to capture the opportunity"

"Urgent change is needed in the boardroom to unlock the Company's full potential."

"In 2018, Autodesk committed to reaching $2.4 billion of free cash flow in FY2023"

"NICE recognized as #1 cloud contact center leader. Verint not recognized at all."

"In 2009, Dillard's began a highly successful turnaround of its business strategy"

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

"Integration process only 50% complete a full 18 months following the acquisition"

"The Company has lost approximately $20 to $60 billion in market value since 2019"

"The S&P 500 has increased 112% cumulatively, or 13% per annum, from 2020 to 2025"

"The Omnia launch admits that all of Nevro’s previous clinical data is “hogwash.”"