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Counterpoint: The Economist’s activist hedge fund infomercial

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Counterpoint: The Economist’s activist hedge fund infomercial

Activist hedge funds don’t outperform randomly selected firms from the S&P 500 With its knack for tackling big subjects in a one-sided manner, The Economist in its February 7 issue imagines a dystopian world where corporate managers and boards of directors are generally incompetent, most investors are lazy; but “activists are a force for good” and…

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