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Quality Shareholder: Lawrence Cunningham on Warren Buffett, Berkshire Hathaway and the QSs with Tobias Carlisle on The Acquirers Podcast

The Acquirers Podcast

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The Importance of Validation Capital

There's a new researcher article by some professors I know called validation capital. They observed companies have identified block holders who have validated managers' strategic direction in a way that wore it off activist holders. What I took from this validation capital is, there are a lot of quality shareholders today who provide a similar validation. The board was able to tell the bidder, the insurgent, good luck, because our shareholder base is not interested, and the fellow went quietly away.

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