Bill Ackman says he's preparing his fund for the worst as the coronavirus...
Bill Ackman of Pershing Square Holdings told investors on Tuesday that he'd taken steps to protect the portfolio amid a volatile market induced by coronavirus panic.The firm's approach has been to...
View ArticleBillionaire Bill Ackman urges Trump to issue a 30-day 'spring break' shutdown...
A 30-day "extended Spring Break" shutdown is "the only answer" for saving the economy from a significant coronavirus-driven slowdown, the hedge-fund founder Bill Ackman tweeted on Wednesday.The...
View Article'Hell is coming': Billionaire Bill Ackman sent the stock market spiraling...
Bill Ackman warned on Wednesday of mass casualties, collapsing industries, and a deep recession if the US government doesn't impose a nationwide shutdown to slow the spread of the coronavirus.The...
View Article'One of the great panics of civilization': Former hedge-fund titan Michael...
Famed investor and crypto crusader Michael Novogratz said on Friday that the reaction to the novel coronavirus is overblown."I think we're going to look back and see this as one of the great panics of...
View ArticleBillionaire Bill Ackman says he recently made a $2.5 billion bet that the US...
Bill Ackman said in a Monday interview with Bloomberg TV that he recently bet $2.5 billion that the US economy will recover quickly from the shock of the coronavirus pandemic. The Pershing Square...
View ArticleBillionaire Bill Ackman details a $2 billion bet he just made that...
Bill Ackman, the billionaire investor who manages Pershing Capital Square Management, said in a Wednesady letter to investors that as of Monday the firm had removed all of its hedges betting against...
View ArticleBillionaire investor Bill Ackman turned $27 million into $2.6 billion by...
The hedge-fund billionaire Bill Ackman turned a $27 million position into a $2.6 billion windfall as the coronavirus outbreak dragged stocks to multiyear lows and threatened deep economic...
View ArticleBillionaire investor Bill Ackman denies sounding the coronavirus alarm to...
Bill Ackman addressed claims that he fanned fears of the novel coronavirus to benefit his hedge fund in a letter to investors on Thursday.The billionaire boss of Pershing Square Capital Management —...
View ArticleBillionaire investor Bill Ackman asked Trump for an infrastructure boom after...
Billionaire investor Bill Ackman called on President Donald Trump to launch "the biggest infrastructure program of all time" to counteract the coronavirus slowdown in a tweet on Sunday.Ackman's...
View ArticleBillionaire investor Bill Ackman posted an 11% gain in March after turning...
Bill Ackman's Pershing Square made an 11.1% net gain in March after betting that markets would tank because of the novel coronavirus.The billionaire investor's hedge fund spent $27 million on hedges...
View ArticleBillionaire Bill Ackman says he's 'beginning to get optimistic' about a...
The hedge-fund founder Bill Ackman said in a tweet on Sunday that he was "beginning to get optimistic" about a coronavirus recovery.Weeks ago, the Pershing Square Capital Management CEO told CNBC that...
View ArticleBillionaire Bill Ackman says he considered liquidating his whole portfolio as...
The activist investor Bill Ackman considered liquidating his portfolio amid the coronavirus market meltdown, he said in a Monday letter to Pershing Square Holdings investors.He instead opted to bet on...
View ArticleBillionaire Bill Ackman plowed more than $200 million into Warren Buffett's...
Bill Ackman snapped up more than $200 million in Berkshire Hathaway stock after the brutal market sell-off that took major indexes roughly 35% below recent highs.The billionaire's Pershing Square hedge...
View ArticleBillionaire Bill Ackman doubled down on Hilton, Starbucks, and Berkshire...
Bill Ackman's Pershing Square took a big hit to its stock portfolio during the coronavirus sell-off.The billionaire's hedge fund saw its stakes in Hilton, Burger King-parent Restaurant Brands, Lowe's,...
View ArticleMeet Bill Ackman, the controversial hedge-fund manager who made $2.6 billion...
Billionaire Bill Ackman made $2.6 billion for his hedge-fund off a controversial bet that the coronavirus would crash the stock market last month.Ackman was accused of making inflammatory remarks...
View ArticleWarren Buffett will 'let everybody know' once he invests the bulk of...
Warren Buffett stepped in to reassure investors and bail out struggling companies during the 2008 financial crisis, but has been quiet during the novel coronavirus meltdown.The Berkshire Hathaway boss...
View Article7 hedge funds that scored big gains during the market meltdown
Jim Simons' Renaissance Technologies, Bill Ackman's Pershing Square, and the "black swan" fund Universa Investments posted big gains during the recent coronavirus sell-off.They bucked the industry...
View ArticleBillionaire investor Bill Ackman has 'enormous respect' for Tesla chief Elon...
Billionaire hedge fund manager Bill Ackman lauded Tesla and SpaceX CEO Elon Musk on the latest episode of The Knowledge Project podcast."I admire people like Elon Musk, I admire people who take on...
View ArticleWarren Buffett's Berkshire Hathaway has likely plowed billions into stocks...
Warren Buffett's Berkshire Hathaway may have spent billions on share buybacks and other stocks during the market meltdown, hedge fund chief Bill Ackman said on the The Knowledge Project podcast."I'm...
View ArticleBargain like Warren Buffett in bailout deals, investor Bill Ackman advises US...
Public officials should bargain like Warren Buffett when they bail out big companies, billionaire investor Bill Ackman said on The Knowledge Project podcast."The government shouldn't come in on terms...
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