Callouts & quotes from 10,384+ activist slides

""The leadership is a group of entitled, immature, self-serving individuals. They are all friends from past professional life who are patting each other's back. So many poor decisions in recent year." — Director, iRhythm, Glassdoor, 9/5/24"

"In addition, fast-growing content services, trust & safety, which aim to protect brand perception and CX on digital platforms, reached a market size of $4 to $5 billion in 2020 (source: Everest Group, May 2021). — Majorel Group Prospectus"

"Those naively attempting to solve self-driving using a pure end-to-end system will find themselves bogged down in a game of whack-a-mole, much like the folks delivering large language models have. — Chris Urmson, Aurora co-founder and CEO"

"“What we got tricked by is we thought, okay, let's get a machine that offers every single feature under the sun and the moon, and we realize none of it actually works”...The machine does not live up to its hype. — Former Novartis Employee"

"Of the 19 state customers that CCA does business with, we are currently estimating that those states will have an incremental growth that will be twice as much as their funded plan capacity by 2013. — Damon Hininger, CEO, Q1 Earnings Call"

"onto my 7th reprogramming...still not much improvement at all...since my last reprogramming, nothing improved and was worse due to overstimulation...like a double edged sword every time I get reprogrammed — Nevro HF10 Support Group Member"

"Who cares if it's $50 million spent on product and a hundred on advertising or a hundred on product and $50 on advertising? Either way it's $150 plus million, and either way they'll end up in the number two spot. — Former Senior Executive"

"“they instituted a lot of those over the last few months...I’m still very friendly with a few people there...I heard that quite a few of them were handed were handed out.” — Ex-Harmony territory manager for several states in the Northeast"

"We initially submitted a comprehensive proposal for Midnight's Means of Compliance to the FAA back in December of 2021. We are continuing to work with the FAA to close our remaining Means of Compliance with the FAA — Archer Aviation 10-K."

"I feel like it's a misnomer to say that we are even collaborating with [Nanox] at this point. It's more like they're just using our name on their advertisement, which makes me very upset. — employee of purported U.S. AI partner Curemetrix"

"The entire claims regarding insider trading made by Muddy Waters Capital in this context are completely unfounded, slanderous and the conclusions Muddy Waters Capital comes to on the basis of these claims are downright wrong! — Ströer SE"

""Targets for integration and migration were unrealistic. I think their understanding of the variances and the level of effort it was going to require to take the SafeCharge platform to North America was underestimated." — Former employee"

"“What’s your take on the dividend given all the capital requirements?” — Spruce Point Question; “I’m personally not a fan. It would make it sense to go away, but a lot of shareholders are accustomed to dividends.” — Former WTRG Executive"

"The internet is international. So with this digital business model we must quickly and rigorously tear down the boundaries in our heads and in geographical movement. I don't see that at the moment. Am I wrong? — Shareholder at Ströer AGM"

"As we have already explained in one of the previous answers, BaFin is checking the legal ramifications of the Muddy Waters report. In our estimation, legal action against Muddy Waters is currently not sufficiently promising. — Udo Müller"

""It all brings me back to my key message; through Execution Excellence we are transforming this railway into a highly efficient business. The more we do, the more we learn, and the more potential we are seeing." — Fred Green, Analyst Day"

"Specifically, during the year ended December 31, 2016, we identified material weaknesses in our internal controls over revenue recognition, cost of goods sold and services delivered and the reporting of deferred revenue. — Axon 2016 10-K"

"It’s got great bones. With the right amount of capital and the right discipline, [Phillips 66] should be able to trade like a midstream company does. — Michael Heim, Elliott nominee for Phillips 66’s Board and Co-Founder, Targa Resources"

"Speaking in unusually blunt terms, [the chairman of PricewaterhouseCoopers global] told the Financial Times yesterday that Arata’s limited size reflected the availability of staff who met the firm performance standards. — Financial Times"

"“For us, the instrument probably works 10% of the time, maybe 20%, if we're lucky. When it's working 10% of the time, it's great, but the rest of the time, it's just immensely frustrating.” — Leading academic institution/ex-BLI scientist"

"The selection for this channel for the more detailed reply appears intended to help Chairman Larry Chen protect his personal reputation in China, rather than provide more or useful information to international investors and shareholders."

"HbA1c = (FG+46.7)/28.7. The HbA1c values in red were calculated from the fasting glucose values in the new Shoemaker et al (2025) presentation, which are identical to the fasting glucose values in the original Miller et al (2024) poster."

"“China is 1.3 billion people, you can recruit for a long time there before we had what was called the classic 'pop-and-drop' in that marketplace.” — Michael O. Johnson, Herbalife Chairman and CEO, HLF Q2 2008 Earnings Call, Aug. 6, 2008."

"“distributors can make it [to President's Team] even faster today than we did [that is, faster than three years].” — John Tartol, senior Herbalife distributor and board member. “More Money Than You Can Imagine.” — Herbalife testimonials."

"A sad rip off... This game looks great and is initially fun to play. I spent $46 to get 2000 star points... It feels like you are focussing more on ripping people off than giving them a great product and value for money. — Anonymous User"

""This 100 bus order represents our largest order to date. This is further validation of the compelling nature of GreenPower EV products and the acceptance of our product by the market in general!" — Brendan Riley, President of GreenPower"

"Если у сопровождающих есть какой-либо документ о том, что они несут ответственность за детей — будут выданы документы, с подписью и мокрой печатью от глав ЛНР и ДНР о направлении детей республик на усыновления. — Mercure Rostov on Don FO"

"...And as we enter the quarter, we don't have too much visibility. We can be even flat in some cases. So we don't have enough information to give you visibility into what's going to go up and down. — Eyal Waldman – Q4 2017 Earnings Call"

"“We still believe we're going to get the benefit of integration. That's not lost because of the supply agreement that we have and the fact that we'll continue to be using our logistics assets.” — Mike Hennigan, CEO of Marathon Petroleum"

"“Absolutely. It's kind of like a body certifying a gasoline car to have 200 miles per gallon on a test strip... I'm just not sure this would translate into a commercial product.” “Yeah, I don't buy this, for sure.” — Former R&D employee"

"“This is not a good way to judge that you've killed the dendrite problem [laughs] for the simple reason that if you have this in a large vehicle-size battery... you'd want to charge the whole battery at a current.” — Former R&D employee"

"If we assume that only 1/3 of [the 64M] households would be willing to buy a Keurig machine due to higher price points, the total available market is roughly 21mm homes. — SunTrust Robinson Humphrey research note published July 21, 2011"

"“The valuation of inventory could be impacted by changes in public and consumer preferences, demand for product, changes in the buying patterns of both retailers and consumers and inventory management of customers.” — Skechers 2021 10-K"

"[...] price is still totally indefensible, in fact one could and should argue that today's ¥18,800 bid is actually currently at a bigger discount than the original ¥16,300 bid was on the 3rd June. — CLSA (John Seagrim), January 14, 2026"

"“We have a long history here with Alpine,” Fischer said in an interview during a visit to Tokyo. “There is a biased process to achieve a biased result, in terms of Alps taking over Alpine at too cheap a price.” — Seth Fischer, Oasis CIO"

""It's no exaggeration to say that any company could die overnight. It has become an industry joke that almost all of the people in charge of content-audit departments have white hair" — Chen Taifeng, a vice-president at Yixia Technology"

"50% is the largest discount/profit in the industry. Paid in 7 different ways! WORLDWIDE, Herbalife has created: More people making $100,000 per year AND More Millionaires than any other company! Highest Payout In The Industry Up To: 73%"

""[T]he organization is deemed a pyramid scheme if the participants obtain their monetary benefits primarily from recruitment rather than the sale of goods and services to consumers" — Dr. Peter J. Vander Nat, Senior Economist at the FTC"

"「TSMCの生産ラインにおいては、生産性に関しても経済性に関してもKLA製のほうがレーザーテック製よりも性能がいい。だから、TSMCにおけるその関連の商売の約3分の2がすでにレーザーテックからKLAに移行している、と私は見ています。TSMCにおけるレーザーテックのシェアは減少しづづけている、と言わざるをえません。その一方、KLAのシェアは増えづづけています」 — TSMCの元幹部で長年購買の責任者を務め、同社へレーザーテック製の検査装置の導入を担当した人物、現大学教員"

""Shrimp inflation is expected to stay at the current high level because of production issues in Asia." — Buckingham, March 21, 2014; "Commodity Outlook Should be Favorable in FY15 as Shrimp Pressures Ease." — Sterne Agee, March 21, 2014"

"EBITDA add-backs. Very aggressive; includes uncapped pro forma cost savings, synergies and operating expense reductions resulting from transactions and expected to be taken within 18 months, determined in good faith by Parent. — Moody's"

"“We’re well positioned to drive growth; you’ll see that. Look, by ourselves, we think we have a 15% to 20% growth... There are long-term growth drivers that are pertinent to the market on an overall basis.” — 2011 Analyst Day (1/7/2011)"

"I did that for six years, and then I retired. I was retired for about 11 years when I was called by Danimer to come conduct a turnaround because the company was near bankruptcy. — Croskrey Witness Transcript, August 13, 2019 Proceedings"

"When I first thought about the reasons why we exist, I thought about the value for our users, but afterwards I understood that it's just: neoclouds exist because Nvidia needs another distribution channel. — Former Nebius project manager"

"It's a little bit wait and see...I've been using off-label GLP-1s in this space a little bit recently. I don't know if you've encountered that with any of the people that you've spoken to. — Endocrinologist based in NYC, 15 PWS patients"

"“really it's just the two outer housings, that are different, and maybe a slight compromise in overall performance, if we had separate engines, we could have slightly better weight overall” — Alan Tepe, Archer Manager of Inverter Design"

""In brief, we believe the program has been a success across multiple categories: energy savings, job creation, job training, and improvements to classroom environments." — Final report describing the Proposition 39 Clean Energy Jobs Act"

"“molten tin that splashes everywhere” with “puddles in the air” that “coat everything,” with “no way out” of the problem via attempts at “debris mitigation.” — Former KLA executive in a leadership role in their EUV mask inspection group"

""the new management of that coal business may want to continue to expand and continue to produce coal long beyond the time frames and horizons that we put out in our commitments" — Glencore CEO Gary Nagle, Bloomberg, December 3rd, 2021"

"IPX said in its quarterly filing "During the quarter, approximately 84 acres of optioned properties were exercised and converted into long-term leases and approximately 616 acres of optioned properties were extinguished." — IPX filings"

"We’re not just a refining company. We shouldn’t be viewed just through a refining lens, whether it’s our balance sheet or whether it’s our earnings and earnings volatility. We are diversified on purpose. — Mark Lashier, January 7, 2025"

"“We have probably number-one cost position, number-one volume of patients position. I think we can pretty easily declare ourselves the leader in continuous glucose monitoring and growing faster than everybody else.” — Abbott Conference"

""It should be obvious that we have made a lot of moves with a multi-year strategy to put our company in a position to generate long-term shareholder value, that we look at things for all shareholders benefit." — John Hess, January 2013"

"“SWIB will vote AGAINST this proposal, as the following concern(s) remain: CEO pay is 5.00 times greater than the next highest paid NEO.” — State of Wisconsin Investment Board – 2016 Proxy Voting Report (Alcoa 2016 Annual Meeting Vote)"

"We’re not just a refining company. We shouldn’t be viewed just through a refining lens, whether it’s our balance sheet or whether it’s our earnings and earnings volatility. We are diversified on purpose. — Mark Lashier, January 7, 2025"

"Pai has been referred to as Enron's “invisible CEO” and one of the “brightest brains” at Enron who helped Jeffrey Skilling turn Enron into the fast-paced energy-trading firm it was before its collapse. — Spruce Point Capital Management"

"Fujitec has been a star example of the benefits of upturning the existing management. — The Economist; ... Tokyo Dome had been horribly slow to modernise... many of the changes [Oasis] had suggested are now set to be implemented. — AFR"

""Baker Hughes is a marriage that is not working. The people are not happy. They can't sell the C3 product. It's a nightmare for them to sell it. The culture of C3 is so different that they can't work together." — Former Sales Executive"

""MG produces a full range of high-quality dairy foods, including drinking milk, milk powder, cheese, butter and dairy beverages, as well as a range of ingredient and nutritional products, such as infant formula." — Saputo Press Release"

"Our capital expenditures totaled $124.0 million in 2016, $82.5 million in 2015, and $89.4 million in 2014. The 2016 amount includes a $37 million purchase of our previously leased pipette manufacturing facility — Mettler 10-K footnotes"