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One year and more than £1bn in lost market value later, investors are asking whether it is time for Sony to take Daniel Loeb's advice about breaking up.
Targeted companies can regain some of this lost market value, and even enhance their brand's value – if they are smart in their communications.
Not only did Mr. Grubman's advice cost his clients billions in lost market value, but Salomon is actually rewarding him for his dismal failure and inexcusable performance.
Bayer stock, which trades on the New York Stock Exchange, is down 34percentt since the first trial; that translates into $33.8 billion in lost market value.
Then, assume a 30 percent profit margin on the derivatives business, put that figure on a multiple of 10 times earnings and it equates to $40 billion of lost market value.
Even the A shares of Warren E. Buffett's well-known holding company, Berkshire Hathaway, have lost market value, closing Thursday at $114,000, down $4,000 a share, and off 17percentt in the last five days.
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By diversifying their land, farmers also insured themselves against the risk of a single crop's harvest failing or losing market value – key vulnerabilities of the monoculture system.
For a bond market investor now, the choice is to stick to shorter-term bonds, and get very low yields, or to move to longer-term ones that pay higher interest rates but that could lose market value if the interest rate offered on new bonds rose.
During Compaq's darkest hour in late 1997 it had 10 weeks or so of unsold inventory sitting on resellers' shelves, collecting dust and losing market value at a pace of about 1% a week, according to SoundView Technology Group analyst Mark Specker.
Typically, the longer a bond's term, the more vulnerable it is to losing market value if rates rise.
However, if they haven't invested well or if they don't have a good head for business, as they age and lose market value, many end up with much less than they're accustomed to.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com