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Bill Ackman Did Pretty Well For Himself Last Year, Has A New Herbalife

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On this first matter, his firm returned over 40% in 2014. As for the second, sadly, it's a secret for now.

Pershing Square Capital Management seems to have knocked out all the competition as end-of-the-year performance reports are being released. Pershing Square Holdings, which is one of the four Hedge Funds run by PSCM, netted a 40.4% return for 2014. Performance at Pershing Square Holdings slipped 0.6% in December, however, according to the monthly report reviewed by ValueWalk...Among the firm’s short positions are Herbalife Ltd. (NYSE:HLF) and an undisclosed position.The unnamed short appears to be in a large cap company (market cap over $5 billion), as short exposure in large cap stocks went from 0% in October 2014 to -7% in December, according to data from Pershing Square’s monthly reports. Herbalife shed over 50% of its value this past year as it faced investigations conducted by Federal Trade Commission and Securities and Exchange Commission.

Pershing Square Finishes 2014 With Strong Returns, Bloomberg Puff Piece [ValueWalk]


Bill Ackman Thanks Investors In Advance For Going Down With The Ship

The hedge fund manager has told investors to buckle the f*ck up re: year end performance; they've responded "Anything for you, Bill."

Dan Loeb Did Pretty Okay For Himself Last Month

He's got a fallback career as a ghostwriter of letters that will cause the recipients to piss their pants in fear but for now it looks like this whole hedge fund manager thing is panning out pretty well.