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"
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]
