Bill Ackman tells Reuters Impact Players host Robert Wolf that betting against a firm – even if it’s a possible pyramid scheme – is perceived as dirty, while going long a firm for profit is accepted as normal behavior. Bill Ackman sat down for a 40 minute interview with Reuters. Ackman says if he was the chairman of the SEC he would have regular meetings with David Einhorn, Jim Chanos, and other great short sellers. He discussed Wachovia, Herbalife, J.C. Penney, MBIA, fly fish investing, and other ideas in the interview. We posted some segments earlier, below is the entire video.
Michele Ragazzi's Giano Capital returned 1.9% for March, taking the fund's year-to-date performance to 1.7%. Since its inception, Ragazzi's flagship fund has produced a compound annual return of 7.8%. According to a copy of the €10 million fund's March update, a copy of which ValueWalk has been able to review, Giano's most significant investment at Read More