Re:Paul Singer, Doomsday Investor
by cascom on Tuesday August 21, 2018 @09:46AM
(#17809480)
Do activist investors serve a valuable function to the market, and their investors? Yes
Do activist investors sometimes pursue strategies that are less than scrupulous, and perhaps values a quick buck over the long term success of a company? Yes
Are management teams sometimes really looking to execute on a long-term strategy that can’t be measured over a couple of quarters? Yes
Are management teams sometimes incompetent, corrupt, and absentee? Yes
If you want to read some scathing activist letters check out Dan Loeb’s, sample below:
Do activist investors sometimes pursue strategies that are less than scrupulous, and perhaps values a quick buck over the long term success of a company? Yes
Are management teams sometimes really looking to execute on a long-term strategy that can’t be measured over a couple of quarters? Yes
Are management teams sometimes incompetent, corrupt, and absentee? Yes
If you want to read some scathing activist letters check out Dan Loeb’s, sample below:
https://www.sec.gov/Archives/edgar/data/1040273/000089914004...