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Column: Will billionaire Bill Ackman ever learn to shut up?

Por: Los Angeles Times Business January 17, 2024

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There was a time, I must admit, when the hedge fund billionaire Bill Ackman was one of my Wall Street heroes. It started in December 2012. Ackman had decided to take a short position in the shares of the multilevel marketing firm Herbalife. Ackman justified his bet with a heroic 334-deck Power Point presentation laying out all the features of the Los Angeles company that he said made it indistinguishable from a scam: It marketed its nutritional... + full article



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