Callouts & quotes from 10,384+ activist slides

"This ion induced damage limits the collector lifetime. It is necessary to reduce the velocity of the ions to minimize ion induced damage. Argon gas at high flow rate is injected in the path of the ions. The argon atoms collide with the fast-moving ions"

"Source E: But I think we were more efficient, uh, because of the balance that we had between pays and payouts, that they were just starting with payouts. I think, uh, Ebanx started with payouts 2021, they were not doing payouts. — Source E (Competitor)"

""[Herbalife] does not offer participants a viable retail-based business opportunity." — FTC v. Herbalife International of America, Inc., et al. (July 15, 2016). Case No.2:16-cv-05217, Complaint for Permanent Injunction and Other Equitable Relief, at 4."

"“Now, the integration value [of Speedway] is, I would say, proprietary. I can't give out a number from a competitive reason of that integration value, but I can say it is very significant...” — Gary Heminger, Former Chairman & CEO of Marathon Petroleum"

"“Participants in the Herbalife scheme, the distributors, ‘obtain their monetary benefits primarily from recruitment rather than the sale of goods and services to consumers.’” — Pershing Square Capital Management, Who Wants to be a Millionaire? at p.63."

"“…[T]here’s a qualification level that is required to sit on the Disney board, and the board will make, not me, the board makes decisions about who’s qualified and who isn’t qualified to be on the board.” — Robert A. Iger, CEO & Director, November 2023"

"“made Sinch the largest independent voice network in the United States. Inteliquent is one of the major backbones of any voice calling provider in the US and is also trusted by the major US mobile operators to power their peer-to-peer calling.” — Sinch"

""[Herbalife] does not offer participants a viable retail-based business opportunity." — FTC v. Herbalife International of America, Inc., et al. (July 15, 2016). Case No.2:16-cv-05217, Complaint for Permanent Injunction and Other Equitable Relief, at 4."

""[Herbalife] does not offer participants a viable retail-based business opportunity." — FTC v. Herbalife International of America, Inc., et al. (July 15, 2016). Case No.2:16-cv-05217, Complaint for Permanent Injunction and Other Equitable Relief, at 4."

"“To have a billion dollars of inventory, that’s pretty scary...it’s pretty weird. That doesn’t seem normal. That’s pretty bad if they’ve got a billion dollars of inventory.” — Former KLA executive in a leadership role in their EUV mask inspection group"

"“...we didn’t need the primary capital, we obviously did the convertible note earlier in the year really to fund some of our very, disciplined M&A efforts, and we are generating pretty healthy levels of free cash flow...” — CEO Aaron Levie, April 2021"

"“No, it’s being planned out now. We haven’t yet had the first oversight committee meeting. That’ll be happening in the spring...I think, so we’re in this buildup phase. So, no, it’s not yet a thing where people can show up and do work” — UMD Professor"

""You can't judge us on a one-year basis. You have to do it over the long term." — John Hess, January 2010; "Since July 24, 2012, the last day of trading before we announced our updated strategy, Hess shares have increased..." — John Hess, January 2013"

""Most of the other vendors that we do business, Ariat is a great example. I mean Ariat has helped us build their business. They're an extremely strong partner. They will continue to get growth with us going forward." — CEO Conroy, Q1'23: July 27, 2022"

"..there will be times when CLR may outspend its internally generated cash flow. However, so long as it is earning the returns on investment in the incremental barrel produced by these borrowings... this should be of minor concern. — Moody's March 2012"

"outsourced "technicians" cannot be verified that they are giving correct information. most doctors mistrust outsourced information especially from these 2 countries. it is only cheap labor. information must be from US source where there are standards."

"“Housing is of course a social and an economic issue. However, if dealt with inappropriately, it will also become a political issue.” — Wang Guangya, Director of Hong Kong and Macau Affairs Office of the State Council of the People's Republic of China"

""[T]here's a qualification level that is required to sit on the Disney board, and the board will make, not me, the board makes decisions about who's qualified and who isn't qualified to be on the board." — Robert A. Iger, CEO & Director, November 2023"

"And while BlackRock and Vanguard still make up the bulk of all ETF assets, an unprecedented 45% of the new money flowing into the industry this year has gone to issuers outside of the big two, Bloomberg Intelligence data show. — Bloomberg Intelligence"

""the preponderance of revenue on the loan side comes from [fintechs]...I mean, if you look at Upstart, I think they've reported as much as 50-plus percent of their origination volume comes from Credit Karma." — Former Director at Intuit, Tegus, 8/2/22"

"「顧客は95%以上の信頼性を期待しています。レーザーテック製の装置は信頼性が、つまり稼働率が95%になりません。検査装置にとってはマスク工場はドル箱です。......ファブの生産プロセスの中で、途中で検査することはマスク工場の検査と比較して重要度が低く、市場価値もより低いです。したがって、ウェハーのファブに設置するために、大金を使って極端紫外線アクティニック検査装置を買ってくることは私には想像しにくいです。優先順位が違うからです」 — 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"

"be available to shareholders should they have any concerns that the normal channel of approaching the Chair, Group CEO, or Chief Financial Officer has failed to resolve or where such contact would not be appropriate — Aviva Corporate Governance Policy"

"With an increased focus on vendor risk management, the FFIEC and other regulatory agencies provide guidelines for overseeing technology service providers, increasing the contractual requirements with our clients and the cost of providing our services."

"As of December 31, 2020, Lianjia had approximately 139,000 agents, including agents employed by us and from labor dispatching or outsourcing agencies, and approximately 7,800 offline brokerage stores across 29 cities in China. — BEKE 2020, 20-F, p .60"

"It’s expensive, it’s early stage, and there are limited sources of supply. I would argue that companies that are trying to build these components on their own are going to run into significant engineering challenges. — Chris Quilty of Quilty Analytics"

"“So all of these careful and rather elegant in vitro/ex vivo and animal model studies for hERG are quite meaningless without key peak and AUC information across patients. I don't know how they got away with this honestly.” — Pharmacokinetic consultant"

"The title of the graph states that it shows “QTc vs. steady state Cmax” – however, the data is based upon plasma levels after a SINGLE DOSE, NOT STEADY-STATE levels which are 2.3 times higher, and which means the graph is incorrect. — Scorpion Capital"

""Legal persons, with the exception of the State, are criminally liable, according to the distinctions of Articles 121-4 to 121-7, for offenses committed, on their behalf, by their organs or representatives." — Article 121-2 of the French Criminal Code"

"“KLA has all the ability to make it happen...that’s for sure...KLA is definitely it.” — KLA executive. “KLA may have an interesting strategy...they will be ahead of Lasertec because they already have a better source.” — Leading EUV lithography expert."

"Under the current management structure and people, no. I would never put a dime in there. If you could see a mature management in the industry, absolutely, there's an opportunity....I have no confidence at this point and time. — Former GFL Employee 1"

""we do this from a position of strength" — Michael Dell and Silver Lake (Press Release, Feb 2, 2018). "opportunistic opportunities in the market to take advantage of the discount between the two securities" — Dell CFO (Earnings Call, March 13, 2017)."

"“I believe a sustained and rigorous focus on strategy and its execution, combined with a robust corporate governance structure, can help Hess maximize long term value for shareholders. I am excited to help Hess accomplish these goals.” — Rodney Chase"

"We note, however, that the group's reaffirmed commitment to its existing four-segment portfolio has resulted in a number of investors reappraising the scope for crystallization of the SOTP value. — Goldman Sachs research report dated 1 November 2024."

"Gregg Saretsky reflects on his journey through the airline industry, from working as a flight attendant and gate agent in college to serving as the president & CEO of WestJet, and how his experiences would add value to Southwest's Board of Directors."

"In price negotiations with TMC, TICO assumes a defensive position against price reductions. While it is permitted to pass on increased costs, TICO does not have the authority to implement price increases beyond that. — Former Automotive OES Executive"

"it is necessary that the Acquisition Proposal contains a ‘mechanism’ that ensures the employment of the Company’s employees and ensures that the Company continues to be a company where the employees find their jobs rewarding. — Unizo Holdings Company"

"“Elliott is asking the Board to devise a way to evade our governing documents, and the Board does not think that such actions would be in the best interests of the Company and our shareholders.” — Phillips 66 Definitive Proxy, April 7, 2025, Page 115"

"Taser's offer, if accepted, would breach this standard. The City Charter (chapter XIX) also declares that if the City enters into a contract induced by collusion or fraud, the contract is null and void. The City of Phoenix — Brad Holm, City Attorney."

"“...we believe the restructuring is not value enhancing and actually adds more complexity, leading to two subpar entities, a higher dividend payout ratio, and significant tax consequences for taxable shareholders” — Citi REIT analyst Michael Bilerman"

"“Elliott is asking the Board to devise a way to evade our governing documents, and the Board does not think that such actions would be in the best interests of the Company and our shareholders.” — Phillips 66 Definitive Proxy, April 7, 2025, Page 115"

"Analytics is our long-term target to move from being a lower revenue generator in the low to mid-single digits to a medium revenue grower in the upper single digits over the long term. — CEO & Chairman Fernandez, Investor/Analyst Call, April 28, 2016"

"Legion Partners called it an “obvious and clear conflict was seemingly overlooked by a Board” and JANA Partners asked “is the board simply not sufficiently engaged to appropriately safeguard shareholder interests?” — Legion Partners and JANA Partners"

"We may need to issue ordinary shares or other securities in connection with possible acquisition(s) or for equity-based awards for talents in order to preserve and increase our market competitiveness and expand our business. — Perion Network Ltd. 6-K"

"“Retail media was clearly one of the biggest advertising trends of 2022 and it's showing no signs of slowing down. A recent forecast from the ANA projected the sector will hit $52 billion in 2023 — 18% of overall digital spend” — Q1 2023 Presentation"

"“commend[s] the Minister of Mines and Metallurgy and the President of COMIBOL for committed focus to complete this transaction. It is a benchmark achievement that shows that Bolivia is open to foreign investment.” — Gordon Neal, New Pacific President"

"As noted by Emory professor Dan McCarthy, Peloton's churn disclosure just "doesn't pass the smell test" as Peloton's 0.65% churn rate implies that the average customer keeps the digital subscription for 13 years! Can we take the under? — Dan McCarthy"

"“At this time, modest growth year-over-year [in Imaging] is expected after 2021.” — Grassman at Investor Day November 2020; “And we've de-emphasized our contract manufacturing and vaccines and pharmaceuticals.” — Wilson at Stifel Conference June 2021"

""All of our Point of Care laboratory and other non-imaging instruments and consumables are supplied by third parties, who typically own the product rights and supply the product to us under marketing and/or distribution agreements." — Heska 2020 10-K"

"“Compensation is an important engine for a company's growth...(is it) linked to the growth of corporate value?... Verification against the market and global competitors is very important.” — Takatoshi Yamamoto, Hitachi Compensation Committee Chairman"

"「彼らは低出力の極端紫外線光源の技術であるHHGを使って、実質的に“自前”の検査装置を開発しました。インテルもそうしました。インテルは公表しませんが、実際に開発済みです。結果として3社とも同じような技術を使うようになりました。HHG、出力は微々たるものです。みんな開発していました。水面下でする会社もあれば、堂々と開発する会社もありました。サムスンはまだその装置を使っています。TSMCも。インテルもまだ使っているんじゃないかと思いますが、インテルは非常にプライベートな姿勢です。」 — 半導体専門家"

"I think they're definitely taken it from Lumber Liquidators. I think they've taken it from Home Depot and Lowe's early on. I don't think that's the case as much anymore. I think Lowe's and Home Depot has finally caught up. — Former Industry Executive"

"I stayed in a really nice Fairmont this past weekend and not only were there escorts everywhere, some came into the private room where we were at a party and hit on my husband lol. I was SHOCKED but I’m honestly still laughing about it. — Reddit user"

""Direct-to-Consumer-Fertiggerichte sind eine aufstrebende Lebensmittelsparte, von der wir glauben, dass sie das Potenzial hat, sich im Laufe der Zeit zu einer Multi-Milliarden-Dollar-Kategorie zu entwickeln." — Uwe Voss, CEO von HelloFresh in den USA"

"The evidence shows that witnesses told investigators that [Cooper] and his co-defendant Richard Robert Cesario stated an intent to do possible harm to any associates or employees who turned on them and flee to Costa Rica if prosecuted. — Judge Horan"

""This merger is for the next 50 years" — Scott Peters (quoted in March 2008). "the tenant-in-common assets managed by NNN's illiquid partnerships [that] were highly leveraged and the fees that NNN had generated [that] were not sustainable" — Forbes."

"The increase in receivables from the prior quarter was the result of our record revenues, unusually high turns booking late in the quarter and a mix swing of relatively more shipments to customers with longer payment terms. — Q1 2010 Conference Call"

"“...numerous users reporting difficulties with manual workarounds and glitch-prone automation.” — Nucleus Research. “...users have noted that the ADP product appeared to be a payroll solution with elements of HCM tacked onto it.” — Nucleus Research."

"My company partners with approximately 5,000 veterinarians across the country. It’s these veterinary relationships that enable us to be the largest distributor of Frontline branded products in the U.S. — E-mail sent by Stefaniak to Kong in May 2010."

"“a decision-maker must read the contract as a whole, giving the words used their ordinary and grammatical meaning, consistent with the surrounding circumstances known to the parties at the time of formation of the contract.” — Paragraph 47 of Sattva"

""the Yellowstone television show does not seem to be a factor behind the significant acceleration we saw in sales over the last several years with only 4% of customer responses citing Yellowstone as a reason for wearing our product." — Boot Barn CEO"