Remember Q2? Bill Ackman does. Here's what he had to say about it this weekend. For those of you who like to bitch about timeliness, and the fact that, yeah, we're seven trading days away from the fourth quarter, piss off. Ackboy shouldn't have to explain himself to you but here goes. You want to know why you're just getting this now? Here's why:
1. Unlike some of his peers, who have these things ghost written while they attend a spa session, when you get a letter from Pershing, it's Bill's lips to your ears. And guess what? This type of genius can't be rushed. While others, who shall remain nameless but know who they are, are off having their back's waxed, Ackboy is at his desk, quill in hand, painstakingly choosing each word to best enhance your user experience.
2. If he doesn't have anything to say, he's got nothing to say, and therefore, nothing to write. Would you like him to just call you up at the office and breathe into the phone? Because that'd probably be just as or even more of a productive use of everyone's time.
3. If you haven't heard from Bill by the time the precious "end of the quarter" deadline rolls around, guess why? He's doing a little something called making mon-ay. Should he stop what he's doing so you can feel coddled? What, and let the next Target whiz by? Is that what you'd like? You know what would probably make you feel better than a bunch of words on a page? A BIG BAG OF MONEY. Think about that.
Posted by guest , Sep 22, 2009 9:49AM
1 stock
Posted by guest , Sep 22, 2009 9:54AM
Woodstock
Posted by american bandersnatch , Sep 22, 2009 9:56AM
@1 - Kiss off. If you want diversification, go buy an index fund.
Posted by sissy , Sep 22, 2009 9:57AM
too bad Bill is such a pussy and cried at the Target shareholder meeting. Otherwise I would have been impressed.
Posted by NakedShort , Sep 22, 2009 9:58AM
@4 I was shocked he cried. I always thought he would be too worried about his eye liner running to display such emotion.
Posted by guest , Sep 22, 2009 9:59AM
Bill, if you're reading, have Bess write your next letter.
Posted by guest , Sep 22, 2009 10:04AM
Just make a phone call
--Rex Ryan
Posted by guest , Sep 22, 2009 10:05AM
After reading the intro, I expected something obnoxious and douchey, but seems honest and bland to me.
Posted by WA , Sep 22, 2009 10:16AM
@6 I'm thinking about it.
Posted by guest , Sep 22, 2009 10:16AM
ACK ATTACK!
Posted by Investorcluzo , Sep 22, 2009 10:29AM
he's lovin' it! think he tests the product himself, just like he writes the letters?
Posted by Anal_yst , Sep 22, 2009 10:31AM
@Naked
You think a man of his means wears regular, run-prone eye liner (mascara, whatever) like the rest of the plebes? Psht! Girlfriend puhlease!
Posted by guest , Sep 22, 2009 10:33AM
Beth Levin you dirty minx, come to my office, let's have a brainstorming session for my next piece.
-Ack
Posted by guest , Sep 22, 2009 10:35AM
What a jackass.
Posted by guest , Sep 22, 2009 10:35AM
I would LOVE for WA to call me at the office and breathe into the phone.
-equity private
Posted by guest , Sep 22, 2009 10:40AM
"Despite its business quality and dominant global market position, McDonald’s stock trades at
only about 13 times multiple of 2010 earnings, a price which we believe does not adequately
reflect the company’s fair value."
Posted by There is no I in team, , Sep 22, 2009 11:31AM
but there is an I in Pershing Square, and that's Bill Ackman.
Posted by guest , Sep 22, 2009 11:48AM
@16 and?
Posted by guest , Sep 22, 2009 12:32PM
I'd hit it. I like 'em arrogant.
-ping j
Posted by guest , Sep 22, 2009 1:16PM
He looks like Meryl Streep in drag.
Posted by guest , Sep 22, 2009 2:44PM
Nobody gets me like you do, Bess Levin
-BA
Posted by SonnyListon , Sep 22, 2009 3:33PM
Bess, you are pounding an inferior opponent into the ground. Ease up on the outgunned Billy Boy and throw 8 serious rounds of punishment at those yahoos at FINRA. I predict a TKO in the fourth and much crying afterward.
Posted by Bess Levin , Sep 22, 2009 3:49PM
@22 What are you talking about? I'm in no way pounding BA into the ground here. This is called gentle ribbing. I'm rubbing him with my words. Why do you people still fail to make the distinction between when I'm actually giving it to someone who sucks and sincerely pumping up those I love (Nails, The Big Guy, etc)? I'm going to have to start color-coding these things.
Posted by SonnyListon , Sep 22, 2009 3:59PM
Bess, you're a great body puncher and for a wee weenie like Hank one or two will do the job. I just want to see you spread your wicked brand of joy around. And yes, color coding is good. I think Nails would like something in a lavender.
Posted by SonnyListon , Sep 22, 2009 4:01PM
I said Hank when I meant Bill..a little punch drunk today.