Bill Ackman Not Worried About Valeant In The SlightestBy
His biggest bet is down, oh, 80% over the last seven months. Not coincidentally, his hedge fund is down 17% this year and lost 20% last year, making 2014’s triumphant 40% return arather distant recent memory. Valeant’sperformance has literally made its CEO deathly ill. And, in spite of last night’s rather disheartening news, Mike Bloomberg is still not running for president. Does that bother either of them? Not at all…
Leave a Reply
You must be logged in to post a comment.