This is a hilarious video on some of the problems Bill Ackman’s Pershing Square is going through right now. If you follow the investment world a bit, things are not really rosy at Pershing Square. I don’t know who the creator is (2/20?) and it’s full of typos. The video is about Ackman’s two major bets going totally wrong on him. Of course I’m talking about Herbalife and Valeant. It’s usually to not a good idea to make fun of somebody when they are down, but I hope Ackman sees the humor in it. Now I wonder if Ackman will move to Boston and opened a mutual fund.
Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More