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Cake day: September 28th, 2025

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  • Someone who buys significant shares of a company and leverages them to convince a coalition of other investors to demand changes.

    You think a company could make better decisions, so you buy a large (but not controlling) chunk of shares. With a relatively large chunk of shares, you can then start making demands from the board and hope that other shareholders bandwagon behind you. Ideally stock price goes up as a result and then people sell higher than they bought for.

    Basically people who believe they have all the answers to running a successful business, yet don’t feel the need to apply that towards just running a successful business themselves.