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by olliej 1217 days ago
"Activist investors" are just hedge funds trying to extract as much short term rent from the work of others as possible.

That their short term desire for a brief bump in profit regardless of long term cost has an impact on the executive management of the company is more an indictment of the ineffectiveness of that company than anything else. The use of consultants to launder their incompetence is a BS activity - I've never heard of any consultants in these circumstances doing anything other than say that the executives are awesome, and that all the employees have too many rights and need to be put in their place and/or fired, as close to the bounds of legality as possible.

1 comments

Activist investors are key players in making companies better and more efficient.
Nope ... as the poster above explained, they're strip miners.