Jeff Sonnenfeld of Yale and formerly of Harvard is one of the world's leading experts on corporate behavior. He is not your average Joe.
Just perception, of course, but I thought that he got the best of the debate. Much more importantly, I agree with his point: the average investor, after doing careful and extensive due diligence, will do better investing in an individual company rather than blindly following an activist investor—Peltz or anyone else.
All that is needed to make a happy life is within yourself, in your way of thinking. -Marcus Aurelius
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