Many investors don’t like activist hedge funds’ attacks on companies because they fear these activists are only targeting short-term gains and don’t care about long-term results.
A quote from a successful hedge fund manager has always stuck with me: "Company managements which treat short-sellers poorly lose sight of the fact that they are the only *guaranteed* buyers of the stock."
A quote from a successful hedge fund manager has always stuck with me: "Company managements which treat short-sellers poorly lose sight of the fact that they are the only *guaranteed* buyers of the stock."