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Activists Show Investors Why They Can’t Predict Their Next Move

Filings this week from Greenlight Capital, Starboard Value and JANA Partners show that activist investors know how to quietly build their positions.

David Einhorn, Greenlight Capital (Christopher Goodney/Bloomberg). Investors are once again combing through the quarterly 13F filings of hedge funds to try and emulate the positions of the smart money. But when it comes to activists, they shouldn’t waste their time.Regulatory filings made by three high-profile activists this week remind us yet

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