Bill Ackman: Johnson’s JCP tenure ‘Very Close to a Disaster’ [VIDEO]

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Bill Ackman: Johnson’s JCP tenure ‘Very Close to a Disaster’ [VIDEO]
Bill Ackman Photo via <a href="http://www.InsiderMonkey.com" target="_blank">InsiderMonkey</a>, Flickr (CC BY-ND 2.0)

Bill Ackman: Johnson’s JCP tenure 'Very Close to a Disaster' [VIDEO]

Bill Ackman tells Impact Players host Robert Wolf that CEO Ron Johnson’s tenure at JCPenney is “something very close to a disaster.”  The comments were made by the hedge fund manager at a conference in Boston today. Bill Ackman called JCP the biggest risk in my portfolio. Ackman says that if you can turn a retailer around it is one of the best businesses to be in.

Odey Special Situations Fund took on several new positions in March

Crispin OdeyOdey Asset Management's Special Situations Fund was down 3.2% in March, compared to its benchmark, the MSCI World USD Index, which was up 3.3%. Through the end of March, the fund is up 8.7%, beating the benchmark's return of 4.9%. Q1 2021 hedge fund letters, conferences and more Odey's Special Situations Fund deploys arbitrage and Read More


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