Activist investor Keith Meister,
On active vs. passive investing, such as ETFs: "The challenge is no matter how good an index fund wants to be at overseeing the voting decisions, the way they're
On his work with Yum Brands: "This concept that an active investor goes after bad companies —that's a mistake," Meister said. "We should go after good companies with good boards and good managements because we'll have a better chance of getting them to buy into our ideas and then get it done."
On investing: "Hopefully, we can make a lot of good investments better by being actively engaged. But activism is a tool; it is not a strategy."
He also discusses:
- His work with Williams.
- Stock picking.
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