This is what it's like to watch a 'Master of the Universe' lose money
I've heard a lot of stories about investors losing money in my time covering Wall Street.There are lots of ways to do it, and lots of ways to react to it.By far the most fascinating people to observe...
View ArticleBill Ackman is hosting yet another webcast about Herbalife
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...
View ArticleSome of the biggest hedge fund names are getting scorched
Some of the biggest names in the hedge fund space are off to a brutal start to 2016.Hedge funds fell 2.76% on average in January, according to data from Hedge Fund Research. The S&P 500, a popular...
View ArticleWatch Bill Ackman's new mini-documentary for his infamous Herbalife short
Billionaire activist investor Bill Ackman, the CEO of $13 billion Pershing Square Capital, has released a short film on Herbalife, his infamous short position.The 20-minute video is called "The...
View ArticleBill Ackman is getting annihilated (VRX, HHC, HLF, QSR, PAH, MDLZ, ZTS, APD, CP)
Hedge fund titan Bill Ackman's Pershing Square Holdings, his fund's publicly traded vehicle, has fallen 18.6% in 2016, according to a performance update.That is through February 9.Pershing Square had...
View ArticleBillionaire Bill Ackman wrote an op-ed in support of Bloomberg for president...
Billionaire activist investor Bill Ackman, the CEO of the $13 billion Pershing Square Capital, has just published an op-ed article in the Financial Times throwing his support behind Michael Bloomberg...
View ArticleBill Ackman just broke an unwritten rule of the business
On Thursday, the Financial Times published an op-ed written by hedge fund billionaire Bill Ackman.It was an endorsement of Michael Bloomberg for president, and it was the talk of the industry.It's not...
View ArticleHerbalife's largest individual shareholder dumped a bunch of the stock
William "Bill" Stiritz — Herbalife's largest individual shareholder — has cut back his massive position in the multi-level marketer.Stiritz sold 2,805,835 shares during the fourth quarter ended...
View ArticleA bunch of hedge fund titans spoke at a private event in New York — here's...
Some of the best-known hedge fund managers in the world gathered for a private investment conference at the Waldorf Astoria in New York on Tuesday to discuss their market views.No one predicted a...
View ArticleHerbalife said it's talking to the FTC and now the stock is exploding higher...
Shares of Herbalife were soaring on Friday after the company suggested it could be close to a resolution of its probe with the Federal Trade Commission.The FTC launched a probe into the health...
View ArticleIt's another hedge fund horror show as Valeant gets slaughtered
Valeant Pharmaceuticals got hammered on Monday, and it's bad news for a bunch of hedge funds.The embattled Canadian pharma company confirmed its part in several ongoing investigations. They include...
View ArticleBill Ackman is getting obliterated (VRX, HHC, HLF, QSR, PAH, MDLZ, ZTS, APD, CP)
Hedge fund billionaire Bill Ackman, founder of $13 billion Pershing Square Capital, is having another devastating year.Pershing Square Holdings, his fund's publicly traded vehicle, has fallen 19.9%...
View ArticleThe 42 richest hedge fund managers in the world
Forbes' magazine has just released its annual list of the world's billionaires.This year, we've counted 42 names in the hedge fund industry. A few of these titans have retired in recent years.Overall,...
View ArticleBill Ackman is going to be featured in a documentary on Herbalife at the...
Hedge fund titan Bill Ackman's years-long crusade against Herbalife is heading to the silver screen in April.At this year's Tribeca Film Festival, Ackman and his big short bet will be featured in a...
View ArticleThe Valeant executive who could’ve saved Bill Ackman’s investment just walked...
Hedge fund billionaire Bill Ackman has one big reason for staying in the center of a storm.That storm is Valeant Pharmaceuticals, a stock that has seen its price fall 70% in the past six months. As...
View ArticleThis chart shows Bill Ackman's big problem
At this point the schadenfreude amongst investors for Bill Ackman and his hedge fund Pershing Square, has to be reaching a peak. Over the past 48 hours Valeant Pharmaceuticals’ stock has declined 19%...
View ArticleAll signs point to Bill Ackman setting up the oldest trick in the book (VRX)
Build it up and break it down. It's one of the oldest tricks in the corporate playbook — financial engineering to create value where there is little to none.It looks like Bill Ackman is gearing up to...
View ArticleIt's a horrible day for a bunch of hedge funds
The Canadian drug company Valeant Pharmaceuticals got slaughtered on Tuesday after the company reported fourth-quarter earnings results that fell below analysts expectations and cut its revenue...
View ArticleBill Ackman is down more than $1 billion today
Bill Ackman has lost just over $1 billion (on paper) today on his position in Valeant Pharmaceuticals.Ackman is the largest hedge fund shareholder of Valeant Pharmaceuticals. The hedge fund owns...
View ArticleBill Ackman just released a letter to his investors about Valeant, and it is...
Hedge fund billionaire Bill Ackman just released a letter to investors regarding his position in Valeant Pharmaceuticals, and it is a sight to behold."We continue to believe that the value of the...
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