| name | icahn-activist |
| description | Use when evaluating Carl Icahn-style activist investments: undervalued assets, poor governance, capital allocation fixes, buybacks, asset sales, board pressure, and control catalysts. |
| invest | ./invest.md |
Icahn Activist
Use this skill to apply Carl Icahn-style activist thinking: identify a valuable but mismanaged company, define what should change, estimate value after change, and assess whether activism can force the catalyst.
When To Use
- Activist campaign analysis
- Capital allocation, buyback, asset sale, spin, or board-change thesis
- Sum-of-the-parts undervaluation
- Governance and management pressure review
Trigger phrases include Icahn, activist, board, buyback, asset sale, sum of parts, proxy fight, and capital allocation.
Process
- Identify asset value and current mismanagement.
- Define the activist demand.
- Estimate value unlocked by action.
- Assess ownership, board vulnerability, and shareholder support.
- Define catalyst and campaign risk.
Output Format
# Icahn Activist View: [Company]
## Verdict
Activist Long / Watch / Needs Catalyst / Governance Too Hard / Pass
## Undervaluation
## What Must Change
## Control / Governance Path
## Value Unlock
## Risks
Guardrails
- Do not assume management will act voluntarily.
- Do not ignore poison pills, voting control, or legal constraints.
- Do not overvalue assets that cannot be sold.
Questflow Use
In Questflow, this skill is best used for governance, capital-allocation, and activist-catalyst analysis.
