On Activist Investing

This week, after reading a Harvard Business Review piece on why activist hedge funds aren't good for companies, and a New Yorker profile on Paul Singer (the doomsday investor), I decided to dive a little deeper into the empirical economics of activist investments. There are industry practitioners who praise activist investors, and those who despise them. On the academic side, there are several who support the effects of activists with empirical data that seem to point to increased financial performance of  targeted firms (Lucian Bebchuk, Wei Jiang). There are also other financial experts and economists that are not so sure that hedge fund activists create long term value(Dr. Yvan Allaire, MI

Circle of Competence Issue #26

Deep dive into activist investing, historical perspective on interest rates, Brent Beshore interview, Tesla's state of affairs, startups

Circle Of Competence Issue #25

Carl Icahn activism update, solving India's trash problem, Munger's lollapalooza effect, Elliott Management activism, Waymo's au

Circle Of Competence Issue #24

Investor Discussion with Nathan Reid, Tesla going private, a new mental model for investing, podcasts on renewable energy & innovation,

Circle Of Competence Issue #23

Oil & Gas Activism, Plastic Pollution, The Rise Of E-Sports, Brookfield's Rise, How Transformed China, New Capital Raises, P


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