“But Paulson’s move adds to Icahn’s support among Yahoo shareholders, since hedge funds tend to pursue returns more aggressively than other institutional shareholders and are more likely to vocally press for strategic moves that could boost stock values.”
Where does one even begin to parse this statement buried in the Reuters piece about Carl Icahn and Yahoo? Let’s give it a try.
It was news to me that hedge funds alone are preoccupied with investment returns to the degree that they “more aggressively” pursue them than other funds. I like to think I’m pretty aggressive even though I can’t amass billion dollar positions…
I guess we could let the “more likely to vocally press” part of the paragraph slide since it kind of goes in lock step with the notion they are more “aggressively” pursuing said returns, but it may also be that these funds have the ability to amass such large positions that their voices are heard above all others.