Sarissa Capital · activist-deck
Sarissa Capital | Activist Presentation Deck | 109 slides
109 pages · 3 arc beats · 2 loops
Sarissa Capital | Activist Presentation Deck | 109 slides
Sarissa Capital · 2023-02 arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
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Deck intelligence map
3 coverage by narrative range · generated from this deck JSON
Narrative range 109 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Problem 13 slides 100% 13/13 slides 100% 13/13 slides · 65 hits — 0/13 slides
23.1% 3/13 slides 38.5% 5/13 slides 100% 13/13 slides 23.1% 3/13 slides Agitate 50 slides 100% 50/50 slides 100% 50/50 slides · 243 hits — 0/50 slides
16% 8/50 slides 78% 39/50 slides 100% 50/50 slides — 0/50 slides
Solution 46 slides 100% 46/46 slides 100% 46/46 slides · 193 hits — 0/46 slides
8.7% 4/46 slides 45.7% 21/46 slides 100% 46/46 slides 6.5% 3/46 slides Slide inventory
109 every slide · same image gating as the playbook
02
Includes a timeline of regulatory/market events and a bar chart of historical revenue.establish_context
Open slide detailBeat · Problem
03
Uses a contrast-pairs framework to highlight the divergence in business performance across regions.compare_peers
Open slide detailBeat · Problem
05
This slide serves as a track record or 'proof of competence' for the activist investor.illustrate_case
Open slide detailBeat · Problem
06
Includes specific voting instructions and a call to action for a proxy contest.closing_ask
Open slide detailBeat · Problem
08
Includes NEJM citation and NNT (Number Needed to Treat) calculation.analyze_data
Open slide detailBeat · Problem
09
The slide uses a line chart to show mortality trends and a bar chart to show commercial success of blockbuster drugs.size_opportunity
Open slide detailBeat · Problem
10
Uses a visual metaphor of a meat grinder to represent value destruction.name_villain
Open slide detailBeat · Problem
11
The slide uses a large red arrow to emphasize the negative financial performance.diagnose_problem
12
The slide uses a visual gap analysis to emphasize the divergence between the company's stock and the broader sector index.expose_gap
13
The slide uses a red arrow callout to emphasize the negative performance.diagnose_problem
14
The slide uses a large red-bordered callout box to frame the data as a point of contention.expose_contradiction
Open slide detailBeat · Agitate
15
Uses a cartoon of a stressed person to emphasize the negative financial performance.expose_contradiction
Open slide detailBeat · Agitate
16
Uses a cartoon of a crowd of doctors to emphasize the 'large number' of prescribers.diagnose_problem
Open slide detailBeat · Agitate
17
Uses a visual metaphor of paper bags containing pills to represent sales force efficiency.compare_peers
Open slide detailBeat · Agitate
18
Uses a waterfall-style arrow to emphasize the >300x valuation gap between Amarin and larger peers.compare_peers
Open slide detailBeat · Agitate
19
Uses a burning money graphic to emphasize capital destruction.name_villain
Open slide detailBeat · Agitate
20
Uses a callout box to summarize the activist's stance against the quoted management statements.expose_contradiction
Open slide detailBeat · Agitate
21
Uses a cartoon character to emphasize disbelief at the company's claims.expose_contradiction
Open slide detailBeat · Agitate
22
The illustration uses a metaphor of Spartan-like figures guarding a treasure chest, likely representing the activist's role in protecting shareholder capital.state_demand
Open slide detailBeat · Agitate
24
The slide uses a red arrow callout to emphasize the -44% price return, framing the board leadership as responsible for value destruction.expose_contradiction
Open slide detailBeat · Agitate
25
Uses a historical metaphor (Nero/Rome) to frame management as negligent.name_villain
Open slide detailBeat · Agitate
26
Uses a bomb icon to symbolize the 'lurking' threat.expose_contradiction
Open slide detailBeat · Agitate
27
Uses a bomb icon to emphasize the 'disruptive' nature of the risk.expose_contradiction
Open slide detailBeat · Agitate
28
Uses a 'comic book' style explosion graphic to emphasize the disruptive event.expose_contradiction
Open slide detailBeat · Agitate
29
Uses a turtle metaphor to imply slow management response and burning money icons to represent capital loss.expose_contradiction
Open slide detailBeat · Agitate
30
The slide uses screenshots of LinkedIn job postings to demonstrate active recruitment.expose_contradiction
Open slide detailBeat · Agitate
31
Uses screenshots of Glassdoor reviews to demonstrate management's lack of transparency and poor hiring practices.expose_contradiction
Open slide detailBeat · Agitate
32
Uses visual metaphor (alarm clock vs. sleeping employees) to criticize management responsiveness.name_villain
Open slide detailBeat · Agitate
33
Uses visual metaphor of moving goalposts to illustrate management failure.expose_contradiction
Open slide detailBeat · Agitate
34
Uses a 'moving the goalposts' visual metaphor (soccer goals).expose_contradiction
Open slide detailBeat · Agitate
35
Uses visual callouts (red boxes, arrows, question marks) to emphasize the contradiction between company claims and regulatory reality.expose_contradiction
Open slide detailBeat · Agitate
36
Uses a visual comparison of two different lists of countries to expose management inconsistency.expose_contradiction
Open slide detailBeat · Agitate
37
The slide uses a table to track regulatory and launch progress across multiple countries, contrasting it with a specific CEO quote from Oct 2022.expose_contradiction
Open slide detailBeat · Agitate
38
The slide uses a table-based visualization to contrast a specific CEO quote against the actual progress of reimbursement applications.expose_contradiction
Open slide detailBeat · Agitate
40
Uses a red box to highlight the specific text in the 8K filing and a red X over the German map to emphasize failure.expose_contradiction
Open slide detailBeat · Agitate
41
The slide uses a callout box and red question marks to emphasize the discrepancy in the timeline.expose_contradiction
Open slide detailBeat · Agitate
42
Uses a turtle metaphor to imply slow progress and burning money icons to emphasize capital destruction.name_villain
Open slide detailBeat · Agitate
43
Uses a press release snippet to frame the failure, with a callout emphasizing the German word for 'No'.expose_contradiction
Open slide detailBeat · Agitate
44
Uses callout to directly refute management quotes.expose_contradiction
Open slide detailBeat · Agitate
45
Includes a disclaimer that the cartoon is not an actual depiction of the discussion.expose_contradiction
Open slide detailBeat · Agitate
48
The slide uses a red dashed box to highlight the preferred model and a yellow callout box to summarize the benefit.compare_peers
Open slide detailBeat · Agitate
49
Uses a cartoon dialogue format to simplify a complex economic argument.propose_solution
Open slide detailBeat · Agitate
50
The slide uses a red box to highlight the successful track record of The Medicines Company as a precedent for Amarin.compare_peers
Open slide detailBeat · Agitate
52
Uses a visual arrow to show the transition from the Sarissa/Medicines Company era to the Novartis execution.cite_precedent
Open slide detailBeat · Agitate
53
The chart uses a line graph to show stock performance overlaid with specific corporate milestones and activist interventions.illustrate_case
Open slide detailBeat · Agitate
54
Uses a 'Never Stop Learning' icon to frame the activist's perspective as educational/constructive.expose_contradiction
Open slide detailBeat · Agitate
56
Uses a 'burning money' metaphor to illustrate financial mismanagement.name_villain
Open slide detailBeat · Agitate
57
The slide uses a callout to emphasize the unsustainability of the current financial trajectory.expose_contradiction
Open slide detailBeat · Agitate
58
Uses highlighted text excerpts from earnings calls to expose management's narrow focus.expose_contradiction
Open slide detailBeat · Agitate
59
The slide uses a callout-heavy diagram to deconstruct a formula and point out its flaws.expose_contradiction
Open slide detailBeat · Agitate
60
Uses a 'cash cow' metaphor to contrast management's stated metrics with shareholder expectations.expose_contradiction
Open slide detailBeat · Agitate
61
Includes a fish skeleton icon to symbolize 'cash burn' or 'dead' assets.expose_contradiction
Open slide detailBeat · Agitate
62
Uses a cartoon character with a question mark to emphasize the unusual nature of the new line item.expose_contradiction
Open slide detailBeat · Agitate
63
Uses sarcastic callouts to mock management's shifting guidance.expose_contradiction
Open slide detailBeat · Agitate
64
The Spartan warrior is a visual pun on the name 'Sarissa' (a long spear used by Macedonian phalanxes).name_villain
Open slide detailBeat · Solution
65
Uses an iceberg metaphor to represent the hidden risks of an equity raise.preempt_rebuttal
Open slide detailBeat · Solution
66
The slide uses a cartoon illustration to represent the core thesis of the activist campaign regarding capital allocation.frame_problem
Open slide detailBeat · Solution
68
Uses a red arrow to highlight the -64% return alongside a quote from the Chairman to expose the contradiction.expose_contradiction
Open slide detailBeat · Solution
69
The slide uses a table of executive compensation data to argue that management is disconnected from shareholder outcomes.expose_contradiction
Open slide detailBeat · Solution
70
Uses a visual metaphor of the Colosseum burning to emphasize the 'poor performance' narrative.expose_contradiction
Open slide detailBeat · Solution
71
The slide uses a specific regulatory filing to frame board compensation as excessive relative to shareholder performance.expose_contradiction
Open slide detailBeat · Solution
72
Uses a popular 'badly drawn horse' meme to illustrate hypocrisy.expose_contradiction
Open slide detailBeat · Solution
73
The slide uses a red dashed box to highlight the 'Votes Against' and 'Abstentions' columns, visually emphasizing the lack of support.expose_contradiction
Open slide detailBeat · Solution
74
Uses a dialogue format to expose the board's perceived arrogance.expose_contradiction
Open slide detailBeat · Solution
75
Includes a cartoon illustration of a piggy bank labeled 'Shareholder Capital' on a boardroom table.propose_solution
Open slide detailBeat · Solution
76
Uses a seesaw metaphor to illustrate the imbalance of ownership.compare_peers
77
Uses a treasure chest metaphor to represent value creation.establish_context
78
The chart highlights an $8 billion value creation for shareholders.illustrate_case
79
Uses a phone icon to symbolize the lack of communication.expose_contradiction
Open slide detailBeat · Solution
80
Uses visual metaphors (turtle, people relaxing on beach) to characterize the board's pace as 'dawdling'.expose_contradiction
Open slide detailBeat · Solution
81
Uses a visual timeline/process flow to demonstrate the <9 hour response time.expose_contradiction
Open slide detailBeat · Solution
82
Uses a 'fortress' metaphor illustration to represent board entrenchment.name_villain
Open slide detailBeat · Solution
83
Uses a visual metaphor of a velvet rope barrier to represent exclusion.expose_contradiction
Open slide detailBeat · Solution
84
Uses a visual metaphor of burning money to emphasize capital waste.name_villain
Open slide detailBeat · Solution
85
Uses a cartoon character to frame the board's resistance as irrational fear or guilt.expose_contradiction
Open slide detailBeat · Solution
86
Uses a Pied Piper metaphor (jester leading rats) to characterize the Chairman's influence over other directors.expose_contradiction
Open slide detailBeat · Solution
87
Uses visual association (Merck logo between the two individuals) to imply cronyism.expose_contradiction
Open slide detailBeat · Solution
88
Includes a Peanuts cartoon as a visual metaphor for 'bait and switch'.expose_contradiction
Open slide detailBeat · Solution
89
Uses a timeline visual to highlight the gap between the voting deadline and the meeting date.expose_contradiction
Open slide detailBeat · Solution
90
Uses the 'ostrich effect' metaphor to criticize board behavior.name_villain
Open slide detailBeat · Solution
91
Uses a red flag motif to highlight corporate governance failures.name_villain
Open slide detailBeat · Solution
94
Uses a stock chart to demonstrate historical value creation.illustrate_case
Open slide detailBeat · Solution
104
Includes a specific deadline for proxy submission that precedes the actual shareholder meeting date.closing_ask
Open slide detailBeat · Solution
105
This is a procedural slide for an activist campaign proxy fight.state_next_steps
Open slide detailBeat · Solution