Are You Going to See an Activist?

Q. You don't exactly know where the cash is going to go in a situation like this, right? And obviously, am theres it's not like an activist. It's sort of controlled company, and you sort of have to line yourself with management. So think about situations like that. A. If there is questions about how reliable management is, or how they think, or whether they are good decision makers, it's super important to have some mechanism for an activist to come in and and shake things up. Q. I'm curious how you construct a portfolio with those types of situations where you don't like,. Is that comes through in incising, or how do you think