These battles are raising questions in the industry about Ackman's style of investing, which employs a combination of theatrics and behind-the-scenes work with corporate boards to advocate for management and strategic changes.
"Ackman is a good example...
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These battles are raising questions in the industry about Ackman's style of investing, which employs a combination of theatrics and behind-the-scenes work with corporate boards to advocate for management and strategic changes.
"Ackman is a good example of 'It is OK to be the smartest guy in the room, but it may not be the best idea to tell everyone that you're the smartest guy in the room,''' said Jonathan Kanterman, an independent alternative investment consultant. "People can get a little turned off by that."
Supporters maintain it can be easy to mistake self-confidence for arrogance. Ackman has bounced back from setbacks before, and his reputation is based on some rather spectacular successes.
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