Invest like Icahn: The rise of the activist investor - Market Extra - MarketWatch: "“In an ideal world, activist investors take a big stake in a company and add value by fixing poor operating performance and improving the balance sheet and jettisoning inept managers and board members,” said Martin LeClerc, chief investment officer at investment advisory firm Barrack Yard Partners in Bryn Mawr, Pa.
Unfortunately, “many tend to be very short-term focused and the solutions they come up with are solutions to get the stock moving,” he said."
'via Blog this'
Unfortunately, “many tend to be very short-term focused and the solutions they come up with are solutions to get the stock moving,” he said."
'via Blog this'
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