Today's Top Performing Activist Managers Share Traits With Benjamin Graham

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Mark W. Gaffney
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Today’s Top Performing Activist Managers Share Traits With Benjamin Graham, the First Activist Investor Benjamin Graham is often thought of as a studious, professorial fellow who spent his days poring over documents and analyzing public companies in search of bargains. [timeless] But as we saw in part one of our series on Activist Investing, Benjamin Graham, the Father of Value Investing, was also the First Activist Investor – a great securities analyst who also excelled at confronting management in boardrooms and at shareholder meetings. In 1926 Graham discovered that Northern Pipeline Corp. — an obscure, illiquid spin-off from Standard Oil…

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