Forbes – When Jeffrey Ubben’s ValueAct Capital Management disclosed its $2 billion position in Microsoft MSFT +4.2% in April, it seemed like the activist hedge fund could be in over its head in trying to shake things up and bring change to the long-languishing Microsoft.
Ubben was betting a big chunk of his hedge fund’s $12 billion under management, but it was a tiny stake in the software giant amounting to 0.8% of the company’s shares.
