SeaWorld, United and the Tactics of Activist Investors

The video discusses the undervaluation of SeaWorld's stock, highlighting the positive changes brought by CEO Joel Manby, focusing on conservation and education. It compares SeaWorld's valuation to its peers, Six Flags and Cedar Fair. The conversation shifts to United Airlines, where investors are pushing for board changes due to underperformance and lack of airline experience. The need for diverse and experienced boards is emphasized, criticizing the predominance of older white males in corporate boards.

What was one of the main reasons for SeaWorld's undervaluation according to the discussion?

• Poor customer service

• High operational costs

• Negative impact of the 'Blackfish' documentary

• Lack of new attractions

What change did Joel Manby bring to SeaWorld that is expected to improve its brand?

• Focus on conservation and education

• Introduction of new rides

• Expansion into new markets

• Reduction in ticket prices

How does SeaWorld's valuation compare to its peers, Six Flags and Cedar Fair?

• It is not publicly traded

• It is valued the same

• It is valued lower

• It is valued higher

What was a significant issue with United Airlines' board composition?

• Excessive focus on technology

• Too many board members

• Overrepresentation of women

• Lack of airline experience

What is a common characteristic of many corporate boards, as discussed in the transcript?

• Inclusion of young entrepreneurs

• Focus on environmental issues

• Predominance of older white males

• High diversity in age and gender