Of all the external checks on the power of executives, hedge funds with money on the line have the strongest incentives to actually increase the value of a firm https://www.economist.com/business/2026/03/19/elliott-management-and-the-art-of-telling-bosses-theyre-wrong?taid=69bd7f6e227d84000121c210&utm_campaign=trueanthem&utm_medium=social&utm_source=voante
