Dan Ariely is an expert on behavioral finance. His recent book which is out in two weeks. Self control is an issue that is important when it comes to investing. Most people would rather have half a box of chocolate right now than wait a week for a full box of chocolate. If the chocolate was right in front of people very few would refuse. However if asked would you rather have half a box of chocolate...
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Bill Ackman is the CEO of Pershing Square Capital, a value oriented hedge fund with over $11 billion under management. The slide is titled Think Big. Best investment ideas are contrarian. The most contrarian investment is to buy a company right before bankruptcy like General Growth Properties Inc (NYSE:GGP). The most contrarian short investment is MBIA Inc. (NYSE:MBIA), buying the CDSs The most contrarian idea is down 20% today; J.C. Penney Company, Inc. (NYSE:JCP) JCP owns a lot...
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