Callouts & quotes from 26,677+ activist slides

"Edgio is known for its security implementation."

"Represents just 3.8% of current total cost pool"

"GMCR Insiders Have Netted ~$172 million in 2011"

"Excluding Warrick, true “historic high” is $383"

"The Board Has Enabled Poor Corporate Governance"

"かかるNAVは、当初TOB価格を27%上回り、また、本改定後TOB価格を10%上回る水準です。"

"Why doesn't his bio include his stint at Enron?"

"Why doesn’t his bio include his stint at Enron?"

"1950s acquisition led to low book value (~$64m)"

"CP's freight service is less reliable than CN's"

"Fred Green has been paid $27mm from 2006 – 2010"

"FIA is an inherently risky and fragile business"

"Adjusted EBIT has contracted by ~30% since 2016"

"Has anyone ever purchased an Herbalife product?"

"Indicia of Pyramid Schemes & Other Legal Issues"

"Are these the actions of a confident incumbent?"

"FWRD shares trade at 8.6x NTM EBITDA estimates."

"売上高の規模に対して大きすぎる金額であり、6四半期のこの間、ほぼ変動していないことも不可解だ。"

"KLAはレーザーテック製の装置に代わる競合品の開発に約10億ドルでも投資している可能性がある。"

"さらなる角度で監視撮影を行ったところ、Fab 4Aに従業員が常駐していないことを再確認できた。"

"The highlighted text above is an important lie."

"The CFO's pattern of behavior is unconstructive"

"Teck is in the middle of the global cost curve."

"Weis Experiencing Deflationary Pricing Pressure"

"Why is TIP REIT Unlike Any Existing REIT Today?"

"Astra's rocket launch projections are nonsense."

"花王はブランドの数を絞り、残ったブランドの売上をより積極的に伸ばすことに注力する必要があります"

"Sure, Jim. And Al Gore invented the internet..."

"The market is divided on how it views the deal."

"Where is mention of Croskrey's role at Paragon?"

"When EF Hutton Talks, People (Shouldn’t) Listen"

"It’s like racketeering; mafia-style; thug-style"

"Skills and Independence to deliver A Better Kao"

"“Hourly Consulting Pay”— a deceptive term . . ."

"A familiar shape appeared again and again . . ."

"They look exactly the same except for the logo."

"With this deal: heads you lose, tails you lose."

"GoDaddy is significantly larger than its peers"

"Operating Ratio ("OR") of 61% improved 370 bps"

"Cooperation (Franchising) Hotline Phone Number"

"Incrementalism Has Not Bolstered Profitability"

"Why has ABML repeatedly delayed a name change?"

"Investors reacted favorably to our involvement"

"We cannot, and will not, allow that to happen."

"1,300 bps Outperformance Per Annum vs. S&P 500"

"There is no hiding place for underperformance."

"If this bump was from Beyoncé, it did not last"

"These are the critical assumptions in our DCF."

"We believe there may still be a material issue"

"The Case For Maxar Being Worthless (i.e. Zero)"

"Shareholder Nominees Do Not Rubber Stamp Plans"

"Absence of Organic Growth at EPS is Mystifying"

"Management Used Company Assets to Secure Votes"

"Management Used Company Assets to Secure Votes"

"~7-9% below management's organic growth target"

"Eliminate artificial $1 billion EBITDA target."

"Sequential organic growth (not reported) -3.4%"

"We Have Identified Compelling Executive Talent"

"2029年3月期までに豊田自動織機のEBITマージン約8%を達成する、魅力的な中期機会が存在"

"TOBで実施されるストラクチャーは、スタンドアローン・プランの一部として実行されるべきである"