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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

With refrains of “unlock hidden value” and “increase shareholder value,” and powered by over $120 billion in assets , activist investors like Trian look for companies like GE (or Procter & Gamble) whose share price is underperforming relative to its peers (or that have large amounts of cash on their balance sheets).

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Mish's Global Economic Trend Analysis: Ritholtz on Gold and on.

MishTalk

Barring some new developments — like all the gold in Fort Knox becoming irradiated — I do not expect to see a resumption of the 2001-11 uptrend. If there was ever a time when monetary insurance was needed, it is today. [Mish comment - Is that a warning and a prediction, or just a suggestion?].

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