Callouts & quotes from 26,677+ activist slides

"2010 was Up From 2009—The Trend is Our Friend"

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

"Hunter is an Experienced Culture Change Agent"

"Approximately 82% of GGP’s debt is fixed rate"

"TCO shares have fallen over 25% year-to-date!"

"We confirmed that Lai is not an FGD customer."

"No, hell no, they're not, it's a blatant lie."

"“Personal Volume” is not exclusively personal"

"This is not the slate that will drive change."

"CN has underperformed on every expense metric"

"SBC / COGS up 10x since TurboTax Live launch."

"Afeciano is new in 2019, not reported in 2018"

"We Estimate 65% - 85% Potential Downside Risk"

"Retention payments are 53% of acquired EBITDA"

"Benefits that we believe should be preserved:"

"「嘘を隠すには、もっと大きな嘘が必要になる」。この不正の持続にはそろそろ限界が迫っている。"

"「新たに設計された」Urashima光源を開発したIsteqは総従業員数がたった12名だけ"

"「顧客に出荷できない」と言い出した。出荷すればするほど負担になって、利益を喰ってしまいます"

"「新たに設計された」Urashima光源を開発したIsteqは総従業員数がたった12名だけ"

"同誌が資金援助についてレーザーテックに問い合わせたところ、「ノーコメント」との返事だった。"

"「どの仕入れ先でもできるごまかしだ」。やりようによってどんな完成品でも仕掛品と見なされる。"

"しかし、当地で研究開発活動や生産活動を行っている様子は確認できない。これは気になる事態だ。"

"Top 7 CROs control over 80% of the CRO market"

"While TTD is the golden goose, MGNI is a dog."

"~$456 million of total rent expense at market"

"Changes across all aspects JCP’s retail model"

"The book superstore industry is misunderstood"

"Tremendous size and scale – a “must-own” REIT"

"Despite 250 "job cuts", headcount grew by 400"

"大衆市場向けパーソナルケアが成長を遂げ、他社に対する遅れを取り戻すまでの道のりは長い..."

"A transformation of Phillips is long overdue."

"Kao needs a Marketing Specialist on the Board"

"Together, we can Restore the Magic at Disney."

"Top 7 CROs control over 80% of the CRO market"

"Benefits that we believe should be preserved:"

"I helped [Soleno] when they got their data..."

"We know this is unsolvable...we just gave up."

"A search for ZJK comes up empty, shown below."

"Valeant’s business has performed well in 2015"

"The Philidor Scandal of 2015 Reminds Us of..."

"We think Trulieve is absolutely uninvestible."

"Lasertec probably must write off those tools."

"Lasertec probably must write off those tools."

"Reduction of Debt should be highest priority"

"Why ABML Does NOT Deserve Li-Cycle Multiples"

"Mr. Genish: "Vivendi’s man" in the boardroom"

"Chipotle has a long runway for robust growth"

"Four Part Plan to Increase Shareholder Value"

"Goodyear is an Iconic U.S. Company and Brand"

"935 bps Outperformance Per Annum vs. S&P 500"

"They continue to lie. Peter [CEO] just lies."

"Historical cash flows tell a different story"

"The Board must objectively evaluate the CEO."

"What exactly did JOE capitalize at WindMark?"

"Amenities should be evaluated for impairment"

"Currently it reserves for a ~23% impairment."

"Historical Cash Flows Tell a Different Story"

"Even if HDDs Were FREE, Pure's TCO is BETTER"

"95% of S&P 500 CEOs sit on <2 outside boards"

"We conclude that YY Live is ~90% fraudulent."