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Henry D. Wolfe: The Behavioral Difference Between Public And Private Equity Boards

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Jacob Wolinsky
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ValueWalk’s Raul Panganiban interviews Henry D. Wolfe, The author of “Governance Arbitrage: Blowing Up the Public Company Governance Model to Maximize Long-term Shareholder Value“. In this part, Henry discusses the behavioral difference between public boards and private equity boards, how he defines and manages risk, who were his mentors, and his favorite value maximizers.

Q2 hedge fund letters, conference, scoops etc

Henry D. Wolfe
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And then is there a behavior difference between public boards and private boards?

Well, there’s certainly a behavioral difference between public boards and private equity...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid