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Bill Ackman, investing karma, performance, Pershing Square
I can't wait until I'm a BSD and can sell SPY for 2&20 too
"My 401(k) is up more than that."
-Half the full time employees in America
Pershing Square is $4,509Bn
Long exposure to CDS is $8,600Bn
Shouldn't the total be $13,109Bn? What happened to $2,260Bn?
– Diligent AIG Quant, C.F.A. L1 – passed
Long only at 2+20 without a hurdle is a scam
WEEK! Oops I mean WEAK!
– Every long only retail broker
Isn't this the guy who blew a couple billion on Target options in '08? How dumb was that?
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Bonus Watch ’16: Credit Suisse CEOs
Like many a Credit Suisse employee, Thiam will see his bonus chopped (though in his case the slashing is voluntary).