Callouts & quotes from 10,384+ activist slides

"「2019年、2020年にも買ったと思います」とTSMCの元幹部は説明する。 「A150は高額で、約5000万ドルです。TSMCはそれくらいの値段で6台買いました。また、それはファブの生産ラインでなく、電子ビーム投影露光技術（EPL）で作成するマスク検査のために購入しています。」 — TSMC元幹部"

"A Canadian adjudicator found allegations of abuse to be credible.* — Drew v. Canadian National Railway Co. and Miller v. Canadian National Railway Co."

"I will be careful with patients that have impaired glucose tolerance because then type 2 diabetes, I think, is quite an issue. — Trial investigator #8"

"I don't think pitolisant ever really took off, to be honest. People seemed to be a bit reluctant to use it for whatever reason. — UK-based neurologist"

"“Pitolisant purportedly inhibits the negative feedback mechanism for histamine, resulting in increasing histamine release.” — FDA CDER Clinical Review"

"“No major development will be required to meet future needs such as higher sensitivity and throughput.” — 2021 SPIE presentation by Intel and Lasertec"

"“although the sale and leaseback of the towers improved their liquidity, their lease adjusted leverage remains essentially the same.” — Fitch Ratings"

""A lot of frauds are in effect Ponzi schemes. And so when they can't raise more and more capital, they collapse" — Jim Chanos, II Magazine, Sept 2018"

"Enhanced due diligence is necessary when a material part of a U.S. listed company's business is in China. Buyer beware. — Ben Axler, CIO Spruce Point"

"And so we feel still quite bullish about, in the long term, being able to grow based on this great franchise. — Union Pacific Management (April 2015)"

"I am convinced that the only edge we have on our competitors, is the quality of our employees as reflected each day by the job they do. — Bill Darden"

"The China Reverse Merger stock that is 'Too Good to be True.' — Citron Research; China MediaExpress the Wall Street Drama Continues. — Bronte Capital"

""shitting on TLC drives and pointing to QLC drives is a little disingenuous. It's like comparing a Ferrari to a Ford." — An executive at a competitor"

"What they click. Where they go. What they do, even when you're not looking. — Q.J. et al. v. PowerSchool Holdings LLC et al. (Class Action Complaint)"

"Last week, Alibaba Group's CEO, Jack Ma, provided a gross merchandise value target across Taobao Mall and Taobao Marketplaces of $157 billion in 2012"

"At this time, we are not interested in selling a piece of the Orange St. property. — Bryce Kell, Business Administrator, Millville Board of Education"

"Asked whether the money would have been withheld had Beckerle not been reinstated, Huntsman responded, "Of course it would have been." — Deseret News"

"What about cost capitalization and accounting levers? Is it really possible to never miss an EPS estimate in 10yrs? — Spruce Point Capital Management"

"「現時点では、レーザーテックの検査装置について完全に満足している会社は一社もありません。どんな装置であろうと、それぞれに問題があります。完全に満足している会社などありません。アクティニック・プラズマ・マスク検査（APMI）はたいへんな技術ですよ」 — Isteqの研究開発部門における中心的な従業員"

"「理想をいえば、マスクに回路を転写するために使う極端紫外線と同じ波長を、検査にも使いたいところです。しかし、それはあくまでも正しく設計されている装置であることが前提条件で、レーザーテック製の装置は正しく設計されているとはいえません」 — KLAで極端紫外線マスク検査を担当した元エンジニアリング幹部"

"“conducted no commercial mining or material processing but only surface exploration and limited surface core drilling” — Silver Sand Technical Report"

"The steady progress of K27 can largely be attributed to the contribution of oversight and advice made by the current Outside Directors. — Kao's Claim"

"They need more aggressive targets in both growth and profitability — Analyst, Domestic Asset Manager, Via Investor Survey Commissioned by Oasis, 2024"

"DCCR may lower the frequency and severity of C-max related adverse events compared to diazoxide oral suspension. — 2018 poster by Soleno’s Neal Cowen"

"“...the main drawback is that it doesn't work or works very little”; “not going to be like a miraculous wonder drug that goes nuts.” — Prescriber #12"

"There was a recognised “degree of landscape harm” with a policy “conflict ... in respect of public rights of way”. — UK Court/Planning Report Excerpt"

"Progyny’s live birth rate calculation may be impacted by miscarriage data and may be overstated if miscarriages are under-reported. — Milliman Report"

"HOMBRE 7: Tomas los sueños de esta gente y sus esperanzas y los conviertes en una pesadilla para ellos. No es correcto... Simplemente no es correcto."

"I can give you any IRR you want by changing urea prices by $5 or $10 or changing natural gas prices by a couple of cents to the dollar — Mr. Verghese"

"The franchise fee is generally 600,000-800,000, and it remains the same regardless of how many branches we open. — EDU (New Oriental Representative)"

"Odd that even SilverRock –Ernest Garcia’s non-public auto insurance company – describes itself as a “disruptive” and “innovative” “tech business”..."

"The accusations by Muddy Waters were refuted by Ströer the following day as they were obviously false with regard to the IFRS figures. — Dr. Metzner"

"Supermicro has denied allegations of a security breach, but the company’s share price suggests that the market is skeptical of management’s defense."

"“Now I'd like to turn the call over to Viacom's CEO, my great, great friend, the wisest man I have ever known, Philippe Dauman...” — Sumner Redstone"

"An investigative report by CNBC highlighted an investor lawsuit alleging that C3.ai misrepresented a partnership with Baker Hughes ahead of the IPO."

"I believe Twist went to 2 cents. That's my understanding. I mean, I didn't see the contract. — Executive previously at Gen9, a key Twist competitor."

"We continue to hold a 20% stake in this very successful business and to play a significant role in its governance. — The Fimalac Group 2014 AR, p. 5"

"consistently evaluate all options to unlock value in all of our assets, and that includes TheFork — Tripadvisor management (Q3 FY2025 earnings call)"

"The Company reserves for estimated uncollected receivables based on historical trends, which historically have been immaterial. — Floor & Decor 10-K"

"The business has remained resilient in the COVID-19 period and experienced strong collection rates — Vivion Investments, 1H2020 results presentation"

""the cost of cloud storage, we are trying to monetize carefully because of cost." — CEO of Perion Network Ltd. at the Needham conference on May 17th"

"「プロセスとしてうまく制御されていない」。「何とか光を引き出すことはできますが、条件的には厳しいです。不良技術を採用すれば、思うように稼働しません。放電生成プラズマ方式には本来的な問題があります」 — インテルの上席エンジニアとして長年の経験を持ち、極端紫外線関連の製造について管理責任を持つ人物"

"“NZS has determined that a New Zealand based system involving predominantly grass feeding is not viable for a Uruguayan environment.” — Grant Samuel"

"“So if you want to characterize Core Lab in a statement, we tend to work for big companies in big fields outside the U.S.” — David Demshur, May 2013"

"The assumptions underlying our full year fiscal 2012 expectations include... ESM license bookings growth in the low 20's — BMC Management (Q4 2011)."

"Delayed SEC filings in late 2024, faced criminal probe and was charged by the SEC in early 2026 — Spruce Point Capital Management (referencing ADM)."

"“Wilkins here, has come up with a real gem of an idea. Why not charge our customers for actually depositing their money with us?” — Kes (Cartoonist)"

"arbitration decisions are very difficult to overturn and it rarely makes sense to spend incremental capital trying to do so — BUR 2018 Annual Report"

"“if volumes were not maintained, they would not offer more cassettes for purchase.” — Congressman Paul Gosar letter to TransMedics CEO, Feb 21, 2024"

"an increased pace of technology development, particularly in the area of artificial intelligence and machine learning. — Amazon (4Q24 earnings call)"

"Where customers elect to pay their full contract upfront, a deferred revenue balance is created on our balance sheet. — FY 2020 Annual Report, p. 14"

"ADOMANI will be licensing and purchasing EDI’s technology and ADOMANI will be a manufacturing and marketing arm for EDI. — ADOMANI S-1 Filing (2014)"

"Kindly note that if each room there is an adult we can confirm so please advice if you want to proceed. — Fairmont Nile City Reservations Department"

"I would like to inquire about possibility of hosting four young beautiful girls from Donetsk People's Republic, Russia (14-17 years old). — Vladimir"

""when it was publicly traded back in the early part of the decade at ~6x NTM EV/EBITDA it was not viewed as the highest quality asset." — Jefferies"

"That is the automatic reaction of a CEO when an attack is launched and the share price goes down, that is quite normal. — Shareholder at Ströer AGM"

"“Solutions 30 and its leaders have been the subject of very serious accusations that the independent audit has fully rejected...” — Alexander Sator"

""Since July 24, 2012, the last day of trading before we announced our updated strategy, Hess shares have increased..." — John Hess, January 28 2013"

""I told you we had a value creation strategy that works. It's delivering results, and we expect our success to continue." — Fred Green, Analyst Day"

"No acquisitions that we have made over the course of [Globant's history] have been more than 3% to 5% of our revenues — Alejandro Scannapieco (CFO)"