This podcast features an interview with Paul Singer, founder of Elliott Asset Management, discussing activist investing. The conversation covers the definition and process of activist investing, the success rate of such strategies (estimated at a majority of cases resulting in positive change), and a specific example of an unsuccessful investment. Singer also shares his perspective on the current state of the stock market, deeming it highly risky due to factors like excessive leverage and government policies. Finally, he advises young people to pursue a broad liberal arts education rather than focusing solely on business-related studies.
