West Face CEO shareholding is a big positive21 Dec 2021 10:23
Good to see the West Face Capital CEO Greg Boland has a considerable personal share holding in Rambler. He is no mug when it comes to picking his investments. The following quote is from a recent interview from CEO Magazine:
“Our most successful ones (investments) have been large, concentrated investments in companies that have fallen on hard times for reasons that are maybe misunderstood by the broad market and where there is a reasonable amount of complexity.” Greg Boland told the Globe and Mail.
Indeed, Boland isn’t afraid to go against the grain, enhance stakeholder value, and demand results by holding management and board members feet to the fire.
“Investor activism is a shareholder right; it’s only newsworthy because investors were quite lazy for so long,” he says.
With the ability to find and invest in undervalued companies, Greg Boland’s independent thinking and gut instinct have distinguished him from his more traditional counterparts.
Boland adds, “Being a contrarian and buying at the nadir of investor confidence has always appealed to me psychologically, I don’t know why. The result is you often get some bumpy rides at the beginning. If you’re trying to catch a falling knife, you can get a few nicks on the way down.”