Activist Investor Sells Stake in Disney and Resurgence of 6040 Portfolio in Wall Street

This chapter covers Nelson Peltz's profitable sale of his stake in Walt Disney, a proxy battle loss with Disney's leadership, the resurgence of the 6040 portfolio strategy on Wall Street, and Goldman Sachs's analysis of its performance across economic cycles. Additionally, it includes insights from a study extending US historical data to 1792, confirming low equity returns pre-1870.