Activist Investors. You either love them or you hate them. I have always been one of those people that hated these types of investors as they want control over a company. I have had this idea that activist investors were value destroying for long term shareholders.
But this all changed when I watched a recent interview of Carl Icahn which was recorded at the 2015 deal book conference. Icahn is one of those people that whom have a negative perception amongst many investors. Heck even I thought he was the ‘bad guy’. But after watching this youtube clip, I can say that I am now a fan. Icahn talks about how activist investors are actually value enhancers as they take steps in order for companies to increase efficiency and bottom line performance.
The below clip is certainly worth a watch. Icahn is a good storyteller and has tremendous amounts of wit about. Sit back and enjoy!