Nelson Peltz might have scored $300 million after losing the Disney proxy war. But it was still a waste of time, expert says

• Activist investor Nelson Peltz lost a long proxy war against Disney CEO Bob Iger.
• The Wall Street Journal reported that Peltz's hedge fund made around $300 million in profits from the battle.
• Still, Peltz's time could've been spent on other campaigns rather than activism.

The proxy war between Disney and billionaire activist investor Nelson Peltz is over.

Disney CEO Bob Iger gets to maintain control of the board, the company, as Iger says, can now focus on making better content, and Peltz … becomes $300 million richer?