The hedge fund manager has penned a desperate plea for Mike B. to be our next president.
There have been plenty of indications in recent months of the troubles being faced by billionaire hedge fund managers who have been unable to navigate volatile markets without suffering setbacks. Big names like Bill Ackman,, Leon Cooperman and have posted big losses in their hedge funds since last summer. Billionaire Dan Och’s hedge fund […]
Billionaire activist investor Bill Ackman, the CEO of $13 billion Pershing Square Capital, has just published an op-ed in the Financial Times throwing his support behind former New York City Mayor Michael Bloomberg for president. Back...Show More Summary
God damn you, 2016! You were supposed to be the anti-2015!
Links to the best reading in funds investing: Global stocks are getting crushed again — Riva Gold, The Wall Street Journal “Bill Miller’s a hedge-fund guy now” – Miles Weiss, Bloomberg Bill Ackman is down almost 20% already this year — Reuters The cost of funds absolutely effects the return of investors over the long […]
Billionaire Bill Ackman's hedge funds have suffered a paper loss of $310 million on their stake in Platform Specialty Products in 2016.
Courtesy mostly of Martin Shkreli, 2015 was a horrible year for Bill Ackman and yet, despite being down -20.5% last year (after being up 11% in early August when his NAV peaked at 29.27), his LPs largely stuck with the white-haired hedge funder. Show More Summary
Hedge fund titan Bill Ackman's Pershing Square Holdings, the fund's publicly traded vehicle, has fallen 18.6% in 2016, according to a performance update. That performance is through February 9. Pershing Square had its worst year in its...Show More Summary
Billionaire activist investor Bill Ackman, the CEO of $13 billion Pershing Square Capital, is hosting a webcast on Herbalife, his infamous short position. The webcast features a video called "The American Dream Denied: Herbalife Victims...Show More Summary
If you haven't, it's cool, you'll hear more tomorrow, as it's a day that ends in 'y'.
Hedge fund titan Bill Ackman, the CEO of $13 billion Pershing Square Capital, is hosting a webcast on Tuesday morning to attack Herbalife, his infamous short position. The webcast will feature a video called "The American Dream Denied."...Show More Summary
Francis Tiafoe, the 18-year-old tennis pro once sponsored by hedge fund titan Bill Ackman, won a point with an amazing trick shot on Tuesday night. It seems Tiafoe pretended to have given up on a point by turning his back before quickly turning around and hitting a winner againt 28-year-old Sam Groth of Australia. Tiafoe upset No. Show More Summary
The Pershing Square boss rails against passive portfolio managers in his latest missive. Bill Ackman also blames his own woeful 2015 performance on bad market timing and hedges that didn’t work. That encapsulates why most investors should stick to the likes of the S&P 500.
Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click 'Get updates in your inbox.' Hedge fund billionaire Bill Ackman published a doozy of...Show More Summary
Bill Ackman wishes he had sold some of his winners in 2015. In a letter to Pershing Square shareholders published Tuesday, the hedge fund manager outlined a number of the struggles his firm faced in 2015. Among them was what Ackman described...Show More Summary
Billionaire hedge fund manager Bill Ackman has confirmed a dark narrative about the stock market Wall Street was freaking out about at the end of last year. Ackman's fund, Pershing Square, had a terrible 2015, delivering a -19.3% gross...Show More Summary
Bill Ackman, billionaire founder of hedge fund Pershing Square Management, had a horrible 2015. His fund delivered a -19.3% gross return. Naturally, he had to explain why his fund performed so badly in a year-end letter to investors....Show More Summary
Hedge fund titan Bill Ackman's Pershing Square Holdings, the fund's publicly-traded vehicle, suffered its worst year in history, falling 20.5% in 2015. It was a year Ackman won't "forget," according to the fund's fourth quarter investor letter. The fund was dragged down by Canadian drugmaker Valeant Pharmaceuticals. Show More Summary
Pershing Square Capital partner Paul Hilal is leaving the activist hedge fund to launch his own venture, Bill Ackman wrote at the end of his fourth quarter investment letter. Hilal, who roomed with Ackman at Harvard, has been with Pershing Square since January 2006. Show More Summary