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#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

Lex Fridman Podcast

CHAPTER

Navigating Shareholder Activism

This chapter explores the complexities of shareholder activism and the journey to becoming a board member, highlighting the push and pull between boards and activist shareholders. It recounts intense proxy contests, particularly emphasizing the Canadian Pacific case, showcasing the challenges and strategic maneuvers involved in gaining board representation. The discussion reflects on the changing perceptions of shareholder activists and the impact of their diverse perspectives on corporate governance.

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