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Phillip oversees it. Envoy Assets.”“What’s an activist fund?”“They take stakes in publicly traded companies. Buy influence through stock ownership. Then, for better or worse, they push to improve the stock prices.”There was a hint of a sneer in her voice. I said, “What’s wrong with improving stock prices?”“Nothing. Or not much if you take the long-term approach like Envoy does. But too many funds force companies to sell well-performing divisions, lay off employees for short-term gains. That can drive the stock up, then the fund dumps it.”“Oh. But Phillip is a good guy?”?“Mostly. Envoy gives companies strategic direction over the years. Pumps resources into them. Sometimes they supply key executives to run a division. Or the entire company.”Gertie contrasted Envoy’s approach with that of the funds who bought shares in Valeant. A pharmaceutical company I had a vague recollection of.Gertie said, “Those cunts at Valeant borrowed money to buy competitors.”“What’s wrong with that?” I like. ” She replied “Veena from Bangalore.”I asked her what I very well know “Are you here just for the interview?” Well yes! It was a 3 part interview. We went for lunch again. We had some self-time to work on spot assignments. Well, by around 3 pm we found out that we both were not getting the job. Their budget was less than what we were already making. Bummed and upset I wanted to get drunk. I asked her “Do you want to get drunk and bitch about these guys?” She said, “No.” But she would a company me as her flight was at 7 pm and she can’t afford to get drunk.We went to a nearby famous pub. It was empty but enough crowd for 4 pm. After I downed my first drink she got a text telling her flight was delayed to 11 and mine was 1045. So when I called the waiter I went, “Waiter, two LIIT please.”It was by 4th drink we decided we should start dancing. We got on the floor now a bit crowded. We were literally just making out but not acknowledging it. Then I broke the ice and slid a hand into her.
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