NYU Stern eVALUATION 5th Issue: Activist Investing

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NYU Stern eVALUATION 5th Issue: Activist Investing

NYU Stern is pleased to present the fifth issue of eVALUATION, Stern’s student-run investment newsletter. For this issue we elected to focus on the increasingly popular and often contentious investment strategy: Activist Investing.

Inside you will find detailed insights from industry experts who have made careers out of working closely with incumbent management of portfolio companies to enhance shareholder value – including Claar Advisors Managing Member and JANA Partners Co-Founder, Gary Claar, Bulldog Investors’ Head of Trading, Rajeev Das and Dalton Investments’ Co-Founder, James Rosenwald. We also have a special section featuring NYU’s very own Valuation expert, Professor Aswath Damodaran. In addition, the newsletter features student investment write ups, including long Ubiquiti Networks (UBNT), long Medy-Tox (KOSDAQ:086900), and long Dish Network (DISH).

The rise in popularity of ‘activist investing’ has led many commentators to herald this as the ‘golden age’ of activist shareholders. The concept of shareholder activism often inspires the image of fiery eyed hedge fund managers writing artsy letters demanding corporate change. However, long before ‘activist investing’ became a buzzword, successful ‘active shareholders