Billionaire Hedge Fund Manager Bill Ackman is Poised to Exceed 50% Returns After a 3-Year Drought

Discussion in 'Wall St. News' started by dealmaker, Dec 7, 2019.

  1. dealmaker

    dealmaker

    Billionaire Hedge Fund Manager Bill Ackman is Poised to Exceed 50% Returns After a 3-Year Drought (Business Insider)
    Bill Ackman‘s hedge fund is on track to land massive returns after three years of negative net performance. Pershing Square Capital Management posted a 3.4% gross gain for November, or 3.2% after fees. The month’s performance brings its year-to-date return to 51.3% after fees. Should Pershing Square’s 2019 surge continue through December, Ackman’s fund will post its first year of positive net returns since 2014.
     
  2. Nobert

    Nobert

    Would like , to see him winning big, once more, started with ,,lemonade stand'' video, and his help.

    Was watching this 3 yrs ago, thought :

    ,, It's difficult but interesting, hmnnn o_O'' ... :D

     
    Last edited: Dec 7, 2019
  3. ironchef

    ironchef

    With losses since 2014, even with a >50% gain this year, his CAGR since 2014 is probably not that hot.
     
  4. Nighthawk

    Nighthawk

    And what´s the risk he took? It´s called risk-adjusted for a reason....