AU CONTRAIRE: I'll Give You The Names And Phone Numbers Of At Least Half A Dozen Clients Who've Invested With Pershing Square Expressly, And I Quote, "Because Of That Incredible Head Of Hair"

Author:
Bess Levin
Updated:
Jan 14, 2019
Original:
Oct 14, 2010

The returns are great and all but for many they're not the actual draw.

Since its inception in 2004, Pershing Square has registered a 24 percent annual return, while the average fund has returned just 5.7 percent, according to Hedge Fund Research. In person, Bill Ackman cuts a striking figure, standing at 6' 3" tall with a shock of grey hair. But it is the stature of his fund's performance which is what most draws investors to him.

Erroneous.

What If Elvis Ran A Hedge Fund? [Reuters]

Earlier today it was noted that, to the surprise of many, Bill Ackman and Carl Icahn had refrained from asking questions or dialing in and making sudden outbursts during this morning's conference call to discuss Herbalife's fourth quarter earnings. Obviously this came as a shock on account of Ackman and Icahn taking many opportunities in the past to share their feelings re: the company and each other. And while it's true both men personally held their tongue's today, according to Pershing Square, one of its analysts had planned to ask questions on Bill's and the hedge fund's behalf but was shot down.

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