In 2010 and 2012, we set out to determine a way to improve the odds of success, and to lower the cost, of activist investing. 

At the time, we put together an analysis that, with some standard and novel screens, identified 36 and then 26 undervalued companies that fit the profile needed to pursue what we've come to call "Effective Activism, on the Cheap." Since then, activist investors have worked on over 40% of the companies, and six have been acquired or bought out.

We've now updated that analysis, and identified 26 new companies that fit the criteria.

We provide an updated assessment in a current blog post.