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  "documentTitle": "Canadian Pacific Railway (CP)",
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  "authorName": "William Ackman",
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  "notes": "Uses a before-after comparison to highlight inconsistency in management's strategic narrative.",
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      "text": "June 2011 'Detailed Plan' vs Current 'Detailed Plan'",
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      "text": "\"Three big initiatives of asset velocity, structural costs and the long train principles; I would say those are the three great building blocks that capture some pretty substantial course of what we're doing.\" — June 2011 Detailed Plan; \"Revenue growth is integral to achieving lower OR and is dependent on maintaining strong personal relationships with customers.\" — Current Detailed Plan",
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      "kind": "title",
      "text": "...That Depends on When You Ask",
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