【Momentum】
quantity of motion; tendency
n. 动量，势头
"The momentum continues, with total new capital inflows into activist funds reaching $6 billion in the first quarter of 2014,"
【Characterize】
"Those trends have led some observers to characterize activist hedge funds as the “new sheriffs of the boardroom.”"
【amass】
v. 累积，积聚，获取
“Historically, relatively few targeted companies are large-cap companies, which is not surprising given the comparatively high cost of amassing a meaningful stake in such a target.”
【catalyst]
n. 催化剂，触媒，加速器
"activists can be the catalysts for market correction."
【earth shattering】
天崩地裂 （v. shatter 打碎，破坏）
"This is not something earth shattering."
【notwithstanding】
尽管
"Shrewd business people, notwithstanding their lack of exposure to corporate finance theory, have always recognized these fundamentals and put them into practice."
【lexicon】
n. 字典 （dictionary更偏向充满单词的list，lexicon偏向充满词位/词根lexeme的list）
"the notion of sharing is not even in his lexicon."
【consensus】
n. 一致，舆论
"The search of consensus overwhelms any attempts oat confrontation."
【bedrock】
n.根基，基石
【capitulation】vs.【doublespeak】
n. 投降，放弃抵抗 vs. n. 忽悠，故弄玄虚
"From Shareholder wealth to Stakeholder interests: CEO Capitulation or Empty Doublespeak?"
【hew to】 坚持，遵守 （hew v.砍/劈）
【platitudes】n. 陈词滥调，老生常谈
【vindication】 n. 平反，辩护，洗白
【layman】 n. 外行
【divergent】 adj. 分歧的，相异的
【ruthless】 adj. 无情的
【domination】n. 领地
"They were ruthless in their march towards domination, crushing competitors through fair means or foul, bending society to their will and exploiting customers and employees."
【overreach】 n. 过火，不自量力，过度
【converge】v. 交汇，靠拢，汇聚
converge on 集中于 ~convergence
" The question of how well other stakeholders do in this version depends in large part on whether their interests converge on those of managers."
【pillar】 n. 柱子
freshness is now a pillar of the Red Loster position.
【staple】 n. 订书针，标志的/主要的
【tyranny】 n.暴政
devise a way of estimating betas for companies that will free us from the tyranny of regression betas