Yeah, Bill Ackman Has Heard Of George Soros And Dan Loeb

Author:
Updated:
Original:

Andrew Ross Sorkin: Your short position on Herbalife — you’re betting against the company — has caused some friends like George Soros and Daniel Loeb to turn on you. Bill Ackman: Neither of the people you mentioned is, or has ever been, a close friend of mine. I certainly know the people you mentioned — but, look, you need a thick skin to be in this business. In a short sale, the whole world is going to be on the other side of the investment until they realize you’re right. [NYT, earlier]

Related