March 26, 2017 10:51 pm

The Sad Conversation Bill Ackman And Dan Loeb Reportedly Had Before They Stopped Speaking

Buried in the unflattering Vanity Fair profile of Daniel Loeb is a sad anecdote about the demise of the friendship between the sharp-tongued activist investor and Bill Ackman. Late last year, Ackman, who runs Pershing Square Capital, publicly said that he’s shorting $1 billion worth of Herbalife, a multi-level marketing company that sells nutritional supplements. It’s […]

Hedge Funds Are Shorting The Market Now More Than They Have All Year

According to reporting by Bloomberg, bearish bets by hedge funds have reached their highest level of the year.  After being squeezed on their shorts over the past four years as equities rallied, a potential crash this time could prove more profitable for hedge funds as “growth prospects are lower and valuations are higher.” The price-earnings ratio for […]

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