Callouts & quotes from 10,384+ activist slides

"“...our biggest capital allocation mistake by yours truly” and “our biggest disappointment over the past decade.” — CEO Mitra, Q2 2025 call"

"I would say we've had a little more pushback than we've had in prior years, but nothing that's insurmountable. — CEO Gahlhoff, Q2 2023 Call"

"The Company incurred higher losses stemming from asserted claims associated with automobile accidents. — Rollins Earnings, October 26, 2022"

"“We generally depreciate engines on a straight-line basis over 15 years to a 55% residual value.” — Willis Lease Finance 10-K 2023, Pg. 25."

"“Growth does indeed drive multiples, but only when combined with a healthy return on invested capital.” — Tim Koller et. al, McKinsey & Co."

"“...increasingly large order sizes from its customers, accounting for a majority of XL Fleet revenues since inception.” — XL Fleet rebuttal"

""Right now, the retailers, they're doing better in this round of the fight," — Warren Buffett, investor and board member of Kraft Heinz Co."

"If they don't initiate something more aggressive now, they will find themselves becoming a largely irrelevant company. — Anonymous Investor"

"Mr. Lamphere's guiding principle for management on the subject of safety is as follows: Ignore safety and you are fired. — Gilbert Lamphere"

"analyses in this presentation are preliminary and may be subject to change. — Soleno Therapeutics (from conference presentation disclaimer)"

"“this was no surprise to anyone.” — Senior pharmaceutical executive/scientist, previously at Abbott and now at another major pharma company"

"“I don't have any more patients. I've tried it on everybody.” — Ex-Harmony territory manager for a large southeast region across two states"

"I would say, realistically, 95% of my leads came from the relationships I built: ... It is all based on housing. — Former Account Executive"

"WeiChai even deemed the announcement as “routine business”, not material enough to warrant an announcement on the Hong Kong stock exchange."

"Importantly, Management Expected 2023 COVID Sales to be the Trough With Sustained Growth Thereafter — Pfizer Q4 2022 Earnings Presentation"

"many of the characteristics of a Ponzi scheme — Bankruptcy Trustee in court documents regarding a company the Audit Chairman once advised."

"We have looked at our accounting practices. We feel very comfortable there....We are very anxious to get all this behind us. — Ted Leonsis"

"At the time of his departure, CSX was recognized as the only Class I designated as "Running Well/Fast," according to Loop Capital Markets."

"You may ask: “what is proprietary trading? And what is it doing at Hess?” We would answer: “No idea from disclosures” — Elliott Management"

"“We also have been granted the rolled products business” / “We have a rolling business and rolling is new to us.” — Alcoa Corp. management"

"Source: Panjiva for all records including Alpha Metallurgical Coal LLC and records prior to March 6, 2021 are from Contura Coal Sales, LLC"

"“We established four shifts and five people on each shift, so 20 people with four team leads.” — Ex-Twist employee in a manufacturing role"

"Through these relationships, we believe we understand the best places to procure our various product categories. — Floor & Decor 2022 10-K"

"“documents were being duplicated multiple times, all on paper, because they did not have a central repository.” — Former employee / Vendor"

"“Not very healthy. Tense and transactional. ... Again, not a lot of collaboration, not a lot of intimacy there, period.” — Former Employee"

"“For all periods presented, research and development costs were expensed as incurred and were not material” — Herbalife 2011 Annual Report"

"USE, LLEVE Y HABLE -> EL EQUIPO DE LOS PRESIDENTES EN 2 AÑOS — Manual de Entrenamiento para Distribuidores Herbalife (Buenos Aires, 2001)."

"PERION APPOINTS MIKE GLOVER, FORMER PRESIDENT OF INFOSPACE, AS GENERAL MANAGER OF SEARCH BUSINESS UNIT — Perion Network Ltd. Press Release"

"Source: Undertone Internal Study comparing performance of cookie-based targeting vs. SORT®. Only a sample of industries is shown in chart."

"「はい、現時点ではTSMCはレーザーテックについて決して満足していません。生産性に関してです。レーザーテック製の装置は非常に高額だけれど、そのわりに検査作業が遅い。」 — 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の検査装置の導入を担当した人物、現大学教員"

"Welltower “competes for talent beyond just the REIT industry, including investment banks and private equity firms.” — Welltower 2026 Proxy"

"We exchanged 10 one-on-one learning centers in Guangzhou to Changing location, following the agreement signed in June 2015. — CFO Rong Luo"

"Insofern, E-Commerce per se ist glaube ich ein Thema, das man sich sehr, sehr vorsichtig anschauen muss. Schmerzhaft. — C. Sch. / P. W. M."

"We have created a strong path forward that reminds us of our early roots — Pershing Square Annual Investor Presentation, January 19, 2018."

"it's a very big concern...bananas...you're blocking insulin production in kids who are prone to obesity and diabetes. — Endocrinologist #7"

"Nutrition Clubs are not intended to nor may they attract "walk-in" traffic. — Herbalife "Sales & Marketing Plan and Business Rules" Manual"

"In November 2017, a shareholder of the Company sold certain ordinary shares to third party investors at US$7.28 per share. — QTT 2018 20-F"

"Без проблем. У девочек и сопровождающих российские паспорта. Документ будет от администраций ЛНР и ДНР. От вас конфиденциальность ожидаем."

"Our Titan Project is the large scale, simple & sustainable answer to U.S. critical mineral supply chains — IperionX Investor Presentation"

"Will represent a small percentage of fund capital in the aggregate and an appropriate "return on invested brain damage" — Pershing Square"

"SEC Charges Surgical Implant Manufacturer Surgalign and Former Senior Executives with Accounting and Disclosure Fraud — SEC Press Release"

"“Now let's also look at transformation, it's on track, Firth Rixson, I'll talk about later, on track” — Dr. Klaus Kleinfeld, July 8, 2015"

"“Celebrity CEOs, at those same decision points, are more likely to favor self and ego over company and work.” — Jim Collins, Fast Company"

"Liu Yishou said if he didn't return to YY, he might have been gone forever. This time, he came back to ‘scam money.’ — Sina News headline"

"in many ways, the fraud here has many of the characteristics of a Ponzi scheme — The bankruptcy trustee regarding Fletcher International."

"(...but, if management is conducting hidden asset sales, could it be hiding gains in operating income?) — Spruce Point Capital Management"

"“Nutrition Clubs in commercial locations are a great way to build a stable customer base and downline.” — Larrle Marzlo, Millionaire Team"

"CEO Farrell boldly claimed that FLAWLESS is a “brand new category”, yet retailers can't seem to agree how best to position it on shelves."

"「当社の競合他社が一旦つばをつけけれど、あとになって『やっぱり要らない』と言ったから余っているようです。当社がA150を追加で買えば、大きく値下げして売ってもらえる、とのことでした。なんか、1500～3000万ドルと言っていたらしい」 — マーベル・テクノロジーの上席従業員"

"The Stryker name carries a premium to it. I believe we overpay. When I was there I felt like we overpaid for deals. — Former M&A Employee"

"On 17 December 2013, Ströer announced that Alfried Bührdel, who had been Ströer’s CFO for 16 years, was resigning “for personal reasons”."

"In a 1998 statement to the IMF, former FTC General Counsel Debra Valentine noted that inflated prices are indicative of a pyramid scheme."

"See Global Hunter Securities, LLC “Continued due diligence on CCME reinforces our thesis; Reiterate Buy” (February 1, 2011). — Footnote 2"

"“They locked me in and took my kidney” — Organ trafficking in Egypt headline. “I woke up screaming” — Egypt's organ traffickers headline."

"Whether you want to Borrow, Spend, Save, Invest, or Protect SoFi is the best place to go to Get Your Money Right!! — SoFi signature block"

"Mr. Parsons, on December 8, 2005, said that he believed that TWX has “hit the right balance” — UBS Investor Conference, December 8, 2005."

"In a 1998 statement to the IMF, former FTC General Counsel Debra Valentine noted that inflated prices are indicative of a pyramid scheme."

"The email sofitel.abidjan@sofitel.com shall be used for all your future reservations request for Sofitel Abidjan Hotel Ivoire, thank you."

"Vi har finansierat hans köp av de 20 procenten. — Dagens Nyheter (Translation: We have financed his [Shrestha's] purchase of 20 percent.)"

"Historically, the warranty expenses have not been material to the Company's consolidated financial statements. — MPWR's 2017 10-K, p. 52"