Whatever Doesn't Kill A Bill Ackman Makes Him Stronger!
It makes the tension around Pershing Square so thick you could cut it with a bottle of Herbalife's Formula 1 Instant Healthy Meal Nutritional Shake Mix Vanilla Dream 22, sure, but it doesn't kill him.
Bill Ackman has fallen out of a list of the top 20 best-performing hedge fund managers of all time one year on from breaking into it after his Pershing Square fund lost several billion dollars over 2015. Mr Ackman’s rapid entrance and disappearance from an annual list compiled by LCH Investments, the fund of hedge funds run by the Edmond de Rothschild group, illustrates the challenge faced by hedge funds which aim to generate consistently outsized returns without risking catastrophic losses. [FT]
