Jeff Gramm – Activist Investing [Invest Like the Best, EP.01]
See Dear Chairman
My guest today is Jeff Gramm. Jeff is the founder and portfolio manager at Bandera Partners, an Adjunct Professor at Columbia Business School, and the author of Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism. Jeff and I discuss the history and current state of shareholder activism, and explore how Jeff invests himself, taking large stakes and often board seats in undervalued companies.
My favorite parts of this episode include the history of activism, Jeff’s story about studying and then teaching at Colombia Business School, and our discussion of share buybacks.