Imagine walking into a boardroom, introducing yourself to the chairman — perhaps opening with an insult or a threat to make things very uncomfortable for the entire board — and then saying "time to do things my way."
Oh, but while you're doing this, you're neither a controlling shareholder, founder, or even an executive at the business.
You're an activist — that breed of investor that doesn't sit quietly while things go their way, or don't.
Activist investors usually build up s
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A beginner's guide to being a rabble-rousing, corporate-raiding, CEO's-worst-nightmare hedge fund manager
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Tesla has big plans to build 3 electric vehicles that nobody wants (TSLA)
When Elon Musk unleashed his "Master Plan, Part Deux" for Tesla a few weeks ago, we learned that the automaker intends to go well beyond building cars and crossover SUVs, the heart of its current lineup.
In the future, Tesla will construct a pickup truck, a bus, and most provocatively, a semi-truck. All this new "product," as it's called in the industry, set off a flurry of enthusiastic speculation.
In theory, it all makes sense: Musk has a grand vision of liberating humanity from its depe -
TOP IPO BANKER: We have 'a pretty broad swath of deals ready for launch'
It's been a slow year for the initial public offering, or IPO, market — but things could start to really pick up soon.
That's what JPMorgan's global head of equity capital markets, Liz Myers, expects.
She said in a recent Bloomberg TV interview that JPMorgan has more than 20 IPOs slated for launch globally in September, and a "full pipeline" for 2017.
"It's a pretty broad swath of deals ready for launch," Myers said.
She also noted that the firm expects to see more than a do -
This billionaire CEO cares about his employees more than investors, and the company's stock is up 457% since 2008
Shigenobu Nagamori, Nidec Corp.'s billionaire CEO, has something to confess.
The 71-year-old CEO thinks his employees are more important than investors, according to an interview with Bloomberg's Tom Redmond and Takako Taniguchi.
That's because he believes shareholders would ultimately benefit from an effective workforce in the long run.
Here's Nagamori (emphasis ours):
"When I'm asked by investors, I tell them they're No. 1, but it's not what I really think," he says. "I speak my mind if shareh -
The Bridgewater employee who filed a sexual-harassment claim has withdrawn it and left for KKR
An employee of Bridgewater Associates who filed a sexual-harassment complaint against his supervisor has withdrawn the claim and started a new job at private-equity firm KKR.
With about $150 billion under management, Westport, Connecticut-based Bridgewater is the world's largest hedge fund.
Chris Tarui filed a complaint earlier this year with a Connecticut agency, alleging the harassment and describing Bridgewater as a "cauldron of fear and intimidation" that kept him silent.
Taru -
Grocery stores are becoming the fast-food industry's biggest threat
The fast-food industry has a growing threat: grocery stores.
Grocery prices are dropping due to lower commodity costs, and people are eating at home more often as a result.Wendy's on Wednesday became the latest latest fast-food restaurant to report slowing sales growth.Same-store sales in North America rose 0.4% in the second quarter, missing the 1.9% rise that analysts had expected.
Wendy's CEO Todd Penegor blamed the weak growth on the fact that more people are eating at home.McDonald's has al -
After a year of isolation, 'the most miserable country in the world' is 'interested in a new beginning'
On Friday, a year after shutting its western border and isolating itself from Colombia, Venezuela announced that the frontier would be reopened.
The news came after Venezuelan President Nicolas Maduro met with his Colombian counterpart, Juan Manuel Santos, in the western Venezuelan city of Puerto Ordaz.
The leaders settled on a gradual reopening of their countries' border crossings, with five border checkpoints opening for pedestrians from 6 a.m. to 9 p.m. each day, starting Saturday.
Within a -
One of Wall Street's most outspoken strategists perfectly captures how dull the market is right now (SPX, SPY, DJI, IXIC, IWIM, TLT, TLO, USD, DXY)
It is summer on Wall Street.
This means that at some point in August, a lull hits markets as traders take time off and trading volumes drop.
Deutsche Bank strategist Jim Reid is one of the more colorful and forthright strategists on Wall Street. On Tuesday, his daily "Early Morning Reid" started, as usual, with a personal anecdote.
And this one captures the market's quietness right now.
Here's an excerpt (emphasis added):
"Talking of TV, when I was a kid there was a program entitled 'Why Don't Y -
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