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by deviantbit 460 days ago
Activist investors are a problem. Most recent activist investors have been centered around climate and DEI. Exxon had activist investors try to get on the board. There was a lawsuit over it, I believe it was Arjuna Capital.

Whoever is funding these activist investors, probably a nation/state, is doing it on purpose. Natasha Lamb has to be the dumbest investors to ever live, next to Cathie Wood, IMO. You could invest in an S&P index fund and perform better at 264% for the past 11 years, compared to her 132% realized, and taking far less risk.

I get everyone has their idealistic views of how the world should work, but capitalism dominates every other society, providing better living standards, and security. It is unfortunate we have had leftists in the Democratic party take control of it, and pushing some very strange agendas, that doesn't reflect reality. These strange agendas have been exploited by other nations, like China.

Some activist investors have brought better function management and boards. Carl Icahn is a great example. But he has also brought his fair share of problems.