We mostly disappoint in forecasting even a few months out. Our preview from this time last year had a few hits and many more misses.
We like our hits, and don't regret the misses. As with the year just past, activist investors should continue to succeed. We of course cannot assess just how well individual activist situations might do. We expect some interesting and important corp gov battles, and think the regulatory scene will remain quiet.
In a current blog post, we hazard some guesses about what to expect in the coming year.