Famously Cocksure Local Hedge Fund Manager Gives Reticence A ShotBy
Over the last couple of years, Bill Ackman has learned a few things. Done a bit of soul-searching. And in desperate need of a change in luck, he’s decided to change a few things, like the view from his window. Oh, and the part where he puts out a press release and calls CNBC every time he makes a new investment.
Ackman’s $10.9 billion hedge fund Pershing Square Capital Management made two bets in recent months where the firm committed more than 10 percent of its capital, but it has not revealed the names of those investments.
What’s more, unlike Herbalife, Target, Valeant, JCPenney, Chipotle, et. al., the new tight-lipped approach appears to be working…
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