Barry Rosenstein Interview on the New Wall Street Week and His Reaction to Larry Fink's Letter

The all new Wall Street Week, episode 2, featured an interview with activist investor, Barry Rosenstein of Jana Parnters.  He started his fund in 2001 with $17 million and now manages over $11 billion.

When asked about his reaction to Larry Fink's controversial letter he wrote to CEO's, Barry said:

"We started talking about it and the first thing [Fink] said to me was, ‘You know, everybody interprets this as my being anti-activist – I’m not.’ And I don’t think he was."

"I think he’s just saying the companies shouldn't knee-jerk, just return capital. They ought to determine what the best return on invested capital is."