Bill Ackman Doing Alright For Himself This Year


Herbalife failing to fall off a cliff notwithstanding, the hedge fund manager and his clients have a lot (of money) to smile about. Bonus: it looks like Bill won't have to bust his ass to find houses to flip in South Florida just yet.

Bill Ackman’s biggest hedge fund gained 0.7 percent in October, according to a monthly report. October’s return brings annual gains to 33 percent in the firm’s Pershing Square International Ltd. fund, according to the report, a copy of which was obtained by Bloomberg News.

Ackman’s Pershing Square Rose 0.7% in October to Add to Gains [Bloomberg]