- We’ll analyze the scientific data that explains how activists effect returns.
- Activism increases returns, but you can increase your returns without paying the 2/20 fees.
- There is enough time from the first activist announcement to actual fundamentals improving to carefully analyze the investment and make an appropriate decision.
Activists open a position in a company that is large enough to enable putting pressure on management, more often than not in a public way. They put pressure on management because they believe that the company is mismanaged and value can be unlocked through changes in corporate policies, acquisitions, divestments, better use of cash, larger dividends, cost-cutting, better financing options, etc. More →