Homepage
PR Newswire
08-05-2015, 03:11 PM
I think it is obvious that the idea of “running the company for the investors who will stay versus the investors who will leave,” makes a lot of sense. Imagine if a country is run based on the interests of rich PRs.
That's why I think Singapore's policy of sole citizenchip makes sense. The question in both cases is whether the leaders/ CEO can stand up to the pressure.
I think HF or activism is not wrong either way. The question is how vested is your interest and are you looking at the longer term welfare of the company/ country or you are just fly by night self-interest centric. And unfortunately HF by most definition is much shorter term driven rather than going by the mantra of buying as if to hold forever. For example as a company I would be keener to have Aberdeen as my shareholder than Pershing Square.
That's why I think Singapore's policy of sole citizenchip makes sense. The question in both cases is whether the leaders/ CEO can stand up to the pressure.
I think HF or activism is not wrong either way. The question is how vested is your interest and are you looking at the longer term welfare of the company/ country or you are just fly by night self-interest centric. And unfortunately HF by most definition is much shorter term driven rather than going by the mantra of buying as if to hold forever. For example as a company I would be keener to have Aberdeen as my shareholder than Pershing Square.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)