Summary
Jesse Cohn from Elliott Investment Management spoke about the importance of active investing at an Axios event. He believes active investors play a crucial role in ensuring companies are held accountable and perform well. Elliott has been actively pushing companies to make changes that it believes will improve performance.
Key Facts
- Jesse Cohn is associated with Elliott Investment Management.
- He spoke at Axios' BFD event about active investing.
- Cohn believes active investors help keep companies accountable.
- He argued that passive investors can lead to less dynamic markets.
- Elliott Investment Management has pushed companies like Phillips 66 and PepsiCo to make changes.
- The firm manages around $76.1 billion in assets.
- Elliott's involvement with PepsiCo led to a significant rise in PepsiCo's stock price.
