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 InsiderMonkey, 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.

Contrarian Investor Conference: Short thesis for Momentus

MomentusThe space sector has captured the imagination and the pocketbooks of Wall Street as big names like Virgin Galactic rocket higher. However, not every name in the space sector is a good play. In fact, the Securities and Exchange Commission has gone so far as to name one space company a fraud. Q3 2021 hedge Read More

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