On one side is Ackman, who took a $1. The US billionaire Bill Ackman has told investors he will return the $4bn (£3. 2 billion (assets) hedge fund Pershing Square, which he founded in 2004. Ackman, in the same hearing, revealed at the time that his. Ackman said he broke all his investment rules with Valeant, initially striking up a partnership with the Canadian drugmaker in 2014 to try to buy Botox-maker. 46B this quarter. Instead of investigating Herbalife, the FBI started investigating Ackman for making false or misleading statements to get the prices lower. Hear not only of. Ackman said Netflix benefits from highly recurring revenues, adding the company has pricing power and delivers industry. S. Ken Squire, 13-D Monitor founder and CNBC contributor, joins ‘Closing Bell: Overtime’ to discuss the billionaire brawl between Carl Icahn and Bill Ackman about 10 years later. Netflix rose handily in after-hours trading. 2 billion (assets) hedge fund Pershing Square, which he founded in 2004. 2% return in the broader S&P 500. Bill Ackman winced as he watched the line of selfie-seekers form. New York. A Lonely Crusader. investor Bill Ackman said on Thursday that he found short-seller Hindenburg Research's report on India's Adani Group "highly credible and extremely well researched. Bill Ackman recently revealed a $1. Bill Ackman has doubled down on his push to have companies refuse employment opportunities to the Harvard students who signed a letter blaming Israel for Hamas’ violent attack that killed more. William Albert Ackman, who goes by "Bill", was born on May 11, 1966. Ackman, a 47-year-old New Yorker, had acquired a $900 million stake in Plano-based J. The drop follows an announcement that William Ackman's Pershing Square Capital Managment has sold its final stake. Topline. “Ryan is unafraid to challenge anyone including yours truly, and that is an extremely important quality in a CIO,” Ackman wrote. 08:09. Meanwhile, Ackman wrote Pershing Square 3. 32% on the. , an investment firm he founded in 2003. 8 million shares in CP Rail at the end of December. Production country . Ackman and the filmmaker, Theodore Braun, have said he was not involved in financing the documentary. William A. Bill Ackman decided to give it another go with the launch of Pershing Square Capital Management in 2004. Synopsis. In 2012 he took a $1 billion dollar short on. Not Rated | Documentary. 5 billion. Billionaire investor Bill Ackman hit headlines last month when he disclosed a $1. WHERE: CNBC's "Squawk Box" Following is the unofficial transcript of a CNBC interview with Pershing Square Capital Management CEO Bill Ackman on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Monday. According GuruFocus Real-Time Picks, Ackman bought more shares of Howard Hughes on Dec. As CEO of Pershing Square, Ackman is still very much involved in running his firm, which has its own struggles with the market downturn. Foster+Partners via NYC LPC/YouTube. NEW YORK: Less than a year after Bill Ackman backed Vivek Ramaswamy’s fledgling asset management company, the billionaire investor is throwing his support behind his beneficiary’s hopes of winning the 2024 presidential election. Mr. 1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service's stock plunged. 25 million to help buy more than a dozen ambulances for Ukraine as it defends itself against Russia's invasion. Documentary. Writer/director Ted Braun follows controversial hedge fund titan Bill Ackman as he puts a billion dollars on the line in his crusade to expose Herbalife as the largest pyramid scheme in history. As of November 2023, Bill Ackman has an estimated net worth of $2 billion. March 16, 2017 at 10:22 a. StarringWilliam Ackman Douglas M. StarringWilliam Ackman. Pershing Square Capital Management CEO Bill Ackman joins CNBC's Delivering Alpha 2023 conference to discuss his meeting with Ukrainian President Volodymyr Zelenskyy, Treasury yields, and more. Drug Short: Directed by Erin Lee Carr. EDT. In 2012 he took a $1 billion dollar short on the company’s stock after. This blog post delves into his latest documentary, exploring his triumphs, setbacks, and the impact he has made on the financial world. He is ranked as the 24th richest hedge fund manager in the U. Billionaire hedge fund manager Bill Ackman announces $25M funding for lab run by MIT biology professor who was fired for 'sexually harassing grad student'It cost Ackman some $100 million in premiums to maintain his position, per the outlet, though he made about $300 million from his moves in the market, meaning Pershing Square’s $13 billion. Herbalife, which denies being a pyramid scheme, dismissed the documentary as “propaganda. ET. The glimpse into Bill Ackman’s life is also interesting and another plus to this great documentary. Harvard alumnus and hedge fund. Humans are the producers of abundance, and the U. Shares fall 13 per cent in pre-market trading, down $1. Ackman endowed an ethics program at Harvard Business School and funded a documentary series to teach business ethics, produced by the New York public television station WNET. Enjoy. Product Description. 2 million times in their first five hours online. S. 73 billion in market capitalization in India on Wednesday after the U. 4bn) he raised for the biggest-ever special purpose acquisition company (Spac), after failing to find a suitable. Bill Ackman sent a letter to Harvard President Claudine Gay on Saturday. At least a dozen business executives have endorsed Bill Ackman’s call to refuse to hire members of student groups at Harvard that signed on to a letter blaming Israel for Hamas’ deadly attack. Icahn’s Wealth Plunges $10 Billion on Short Report. Herbalife claims Ackman is simply a market manipulator out to make a fortune from short-selling their stock, but Ackman insists Herbalife deliberately. On episode 11 we talk about hedge fund billionaire and star of the documentary Betting on Zero, Bill Ackman. Fallon—Bloomberg via Getty Images. Ackman & Co was founded in. Read More:Young Thug Net Worth: Career, Awards, Music & Personal Life. How MindGeek was transformed almost overnight by Bill Ackman. 72 Metascore. This is an audio transcript of the Hot Money podcast episode: ‘The billionaire. Not only has he amassed a fortune and become a billionaire through his career, but his fund, Pershing Square Capital Management, has generated. Some seven weeks ago, hedge fund investor Bill Ackman laid out his rationale for shorting long-term US bonds, and I took exception. It's been four months since Pershing Square's Bill Ackman unloaded his short-lived stake in Netflix ( NFLX -1. May 18, 2017. Ousted OpenAI chief Sam Altman to lead Microsoft’s new AI team. Hedge fund titan Bill Ackman's years-long crusade against Herbalife is heading to the silver screen in April. Why did Ackman sell Netflix? Bill Ackman, the head of a billion-dollar hedge fund, sold all of his shares in Netflix during a major sell-off of the stock that followed the streamer’s Q1 failure, citing new doubts about Netflix’s long-term prospects. Read an excerpt here—the full story will be released next week. Runtime. ” The important thing about intrinsic value is that you only need to be approximately right, rather than precisely wrong. In 2017, Bill Ackman had no choice but to cover his short position, losing billions of dollars in the process. On one side is Ackman, who took a $1. With William Ackman, Douglas M. £3. The documentary follows hedge fund billionaire Bill Ackman as he tries to push multi-level marketing company Herbalife to bankruptcy. Rent . Stock prices have fallen sharply and billionaire investor Bill Ackman thinks it’s a good time to commit more capital to equity markets. Allegations of corporate criminality, covert government influence, and coopted public servants swirl throughout Betting On Zero, a riveting docu-thriller from writer-director Ted Braun (Darfur Now). Papa, and for a while activist investor Bill Ackman (who had been one of Pearson’s allies in his attempt to take over Allergan) was kept on as an. Ackman said in a tweet that his foundation was looking to secure funding partners to support a new Sabatini lab, linking to the Spotlight team’s story that Ackman called an accurate and balanced. Based on price before. He called for suspensions and disciplinary action to curb anti-Israel and antisemitic activity. ” (Zipper Bros Films/Double. Oscars Best Picture Winners Best Picture Winners Emmys Hispanic & Latino Voices STARmeter Awards San Diego Comic-Con New York Comic-Con Sundance Film Festival Toronto Int'l Film Festival Awards Central Festival Central All EventsFollowing is the unofficial transcript of a CNBC interview with Pershing Square Capital Management CEO Bill Ackman and CNBC's Scott Wapner live during the CNBC Delivering Alpha conference today. (Source: Bloomberg data) Long-dated government bonds are going through a rough patch. Billionaire investor William Ackman liquidated a $1. Writer/director Ted Braun ('Darfur Now') follows controversial hedge fund titan Bill Ackman as he puts a billion dollars on the line in his crusade to expose. Billionaire hedge fund manager Bill Ackman has been urging the Federal Reserve to get serious on inflation since late last year. ”. As of November 2023, Bill Ackman has an estimated net worth of $2 billion. The billionaire says he's willing to pursue his mission "to the end of the earth" despite big losses for his hedge. Updated June 25, 2019. At least a dozen business executives have endorsed Bill Ackman’s call to refuse to hire members of student groups at Harvard that signed on to a letter blaming Israel for Hamas’ deadly attack. In the early days of the pandemic, Ackman went onto CNBC to warn that “ hell is coming ” because of COVID-19, causing markets to free-fall. The film’s ostensible if unlikely hero is Bill Ackman, the CEO of the hedge fund Pershing Square Capital Management. Bill Ackman is clearly a very smart guy. Bill Ackman said on Twitter that World War III may have already begun. On episode 11 we talk about hedge fund billionaire and star of the documentary Betting on Zero, Bill Ackman. 6 percent. 02:19. The Gettys One of the richest. m. William Albert Ackman is an American billionaire investor, hedge fund manager, and philanthropist. Pershing Square’s results last year could be the perfect example of why Ackman advocates for a wider lens perspective. The documentary follows billionaire hedge fund titan Bill Ackman and several former Herbalife distributors after Ackman takes a billion dollar short position in Herbalife, alleging it is a pyramid. In early 2020, when fewer than 7,000 coronavirus cases had been confirmed in the U. m. Self - Former Managing Director, Moody's Rating Agency: Frederic Mishkin. An envelope. Dear Pershing Square Investor, Beginning on Friday and over the last several days, we acquired more than 3. UBS thinks it could even surge 100%. Harvard alumnus and hedge fund manager Bill Ackman called on university president Claudine Gay to take immediate steps to reduce antisemitism on. ”Read an excerpt here—the full story will be released next week. November 10, 2023 at 12:04 PM EST. The war stories of the famed financier Carl C. Ackman bought the 13-room penthouse at 6-16 West 77th Street in 2018 for roughly $22. This often spooky cautionary tale is seen largely through the eyes of Bill Ackman, a. Pershing Square sold Netflix in April and isn't looking back. From 'Darfur Now' writer/director Ted Braun comes a riveting docu-thriller following controversial hedge fund titan Bill Ackman as he puts a billion dollars on the. With Fahmi Quadir, Roddy Boyd, Bethany McLean, Andrew Left. m. 1 million bet on Netflix stocks - despite the recent drop in stock of the streaming giant from $701 to just over $400. " Shares in seven listed group companies of Adani lost $10. May 25, 2023, 6:25. Bill Ackman has done quite well as an investor. Activist investor Bill Ackman scoops up late author's UWS co-op. At this year's Tribeca Film Festival, Ackman and his big short bet will be featured in. 🦍JOIN GIGA UNIVERSITY AND BUILD INCOME STREAMSEarn money from day 1, build a career & network and join the 0. This concert celebrates fifteen years of the Silk Road Ensemble, Yo-Yo Ma’s limitless collective whose collaborative vision is to connect the world’s. Brooks Julie Contreras William Cohan Erin Criss. February 9, 2016 at 11:31 AM. On Thursday, the SVB Financial Group-owned bank's share price tanked. The intense battle between Ackman and Herbalife became the central focus of the 2016 documentary film titled “Betting on Zero. Just in the past week or so: • The Bank of Japan tweaked its yield curve. Bill Ackman, discusses starting his own hedge fund at 26. After extensive wrangling over the precise wording of jury instructions on Friday, the trial picks up on Monday morning with closing arguments by. . m. ET. 30-year Treasury. 2bn. Bill Ackman, a renowned hedge fund manager and activist investor, is renowned for his bold investment strategies and controversial tactics. Ackman wants $630M for Hell’s Kitchen. 5 million. According to the. El alto y bien presentado multimillonario fundador. 5 and Dec. Bill Ackman is defending Elon Musk amid the X owner's antisemitism controversy. DOCUMENTARY. On Thursday, the SVB Financial Group-owned bank's share price tanked. The controversial film explores activist investor Bill Ackman's crusade against Herbalife, which he says is a pyramid scheme. —Bill Ackman (@BillAckman) March 10, 2023 Ackman's tweets had been viewed 1. 0 will make “our jobs easier and more fun, and our quality of life better. Billionaire hedge fund manager Bill Ackman made a profit of about $200mn from his high-profile bet against US 30-year Treasury bonds, according to people familiar with the trade. He joins to discuss. 2022. He is ranked #391 on the Forbes 400 wealthy list. If we silence ideas that we. Betting on Zero chronicles the controversial billionaire hedge fund manager Bill Ackman’s journey to expose Herbalife as the largest pyramid scheme in history. With an estimated net worth of $2. . Charlie Munger perhaps is the man most instrumental to Berkshire Hathaway’s success. 1 billion, according to a regulatory filing on Monday. His Pershing Square Capital Management hedge fund has been a big winner since Ackman founded it in 2004. CNBC EVENTS -- Delivering Alpha 2014 -- Pictured: (l-r) CNBC's Scott Wapner interviews Carl Icahn, Chairman, Icahn Enterprises and Bill Ackman, Managing Partner, Pershing Square Capital Management. The song sold 750,000 copies. Harvard University President Claudine Gay responded to criticism by students and alumni including Bill Ackman that the school. Live from Tanglewood, directed by award-winning documentary filmmaker Morgan Neville, features an exhilarating Silk Road Ensemble concert performance filmed at the 2012 Tanglewood festival. Seeing an opportunity open up, Pershing Square Capital Management, a massive hedge fund headed by Bill Ackman, purchased 3. Then he aggressively pushed the iconic. Watch Bill Ackman's new mini-documentary for his infamous Herbalife short. play wrong. 25 million to help buy more than a dozen ambulances for Ukraine as it defends itself against Russia's invasion. 6 percent. B ILL ACKMAN is hunting for deals. Braun, the documentary director, said he tried to show both sides of the battle and had numerous meetings with Herbalife executives, but in the end, they declined. , and Ackman, in a crisp white shirt and a pale blue tie, had just finished giving a talk at the. Betting on Zero is a 2016 American documentary directed by Ted Braun. Dear Pershing Square Investor, Beginning on Friday and over the last several days, we acquired more than 3. Bill Ackman and Herbalife go head-to-head in a new promotional video for the upcoming documentary “Betting on Zero. Bill Ackman is sticking up for Elon. Bill Newsom was so close with the family that he helped deliver the ransom money after the 1973 kidnapping of J. Bill Ackman joined fellow billionaire Elon Musk in calling on Ukraine to cede Crimea to Russia as part of an overall peace package that would satisfy Moscow. 8 billion as of September 30. Ackman said in a tweet that his foundation was looking to secure funding partners to support a new Sabatini lab, linking to the Spotlight team’s story that Ackman called an accurate and balanced. 5bn or more, but are wary of. Not Rated | Documentary. J. MegaloMedia. Billionaire hedge fund CEO Bill Ackman and several other business leaders are demanding Harvard University release the names of students whose organizations signed on to a letter blaming solely. Still, he told me, he. Twitter/ 'Betting On Zero'Hedge fund titan Bill Ackman's years-long crusade against Herbalife is heading to the silver screen in April. October 23, 2023. Netflix Stock Jumps As Billionaire Hedge Fund Manager Bill Ackman Reveals Stake In Streamer. He runs the $18. This sparked speculation that Ackman could be endorsing Kennedy. Bill Ackman’s special purpose acquisition company has abandoned plans to buy a $4bn stake in Universal Music Group after a backlash from regulators and investors. Betting on Zero is a 2016 documentary that chronicles what happens after activist investor Bill Ackman takes a billion dollar short on Herbalife shares, betting that they will go down in value to nothing. Bill Ackman’s 13F portfolio value decreased from $10. S. A Conversation About The Economy With Bill Ackman, Major Investor And Hedge Fund Manager Of Pershing Square Capital Management Lp, Kate Kelly, Andrew Ross Sorkin And Joe Stiglitz, Economist. It indicates the ability to send an email. Runtime. —Bill Ackman (@BillAckman) March 10, 2023 Ackman's tweets had been viewed 1. It investigates the allegation that Herbalife is a pyramid scheme, and follows Bill Ackman's short investment in Herbalife, which is ostensibly a billion-dollar bet that the company will soon collapse. PG. 81. 06:59. , an investment firm he founded in 2003. Ackman Non-Independent Director. Ackman and the filmmaker, Theodore Braun, have said he was not involved in financing the documentary. Christopher Goodney—Bloomberg/Getty Images. Table of Contents. About this movie. He explains his successful short of MBI and his thought process behind his Herbalife short position. It's volume per day is so. September 25, 2023 at 5:54 a. Subscribe Now for More Exclusive Videos! Free Music back to back only on Eros Now - signature Bhan. Watch Now Or Download To Watch Later! Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. The film was hailed by The New York Times as a “landmark film” (Martha Ackman); “fantastic” (John Walters, Sports Illustrated); “remarkable” (Bill Littlefield, NPR); “powerful” (Barbara Huebner, The Boston Globe); “a must see” (Sports Illustrated for Women); “inspirational” (TV Guide); and columnist Jay Weiner wrote for. Pershing Square dropped Netflix at a loss in April after holding it for just two months. He grew up in a. Controversial hedge fund titan Bill Ackman is on a crusade to expose global nutritional giant Herbalife as the largest pyramid scheme in history while Herbalife execs claim Ackman is a. Controversial hedge fund titan Bill Ackman is on a crusade to expose global nutritional giant Herbalife as the largest pyramid scheme in history while Herbalife execs claim Ackman is a market manipulator out. Valeant, the troubled Canadian drugmaker, was. 7 percent, according to results. 2016. Beatles’ ‘Now and Then’ Mini-Documentary Tells. Billionaire hedge fund manager Bill Ackman told Harvard President Claudine Gay that he has “lost confidence” in her and his alma mater over the university’s permissive attitude […]William A. October 23, 2023. It is toast but Mr. Bill Ackman: Building & Destroying a Finance Empire | Full Documentary. Ackman's net worth is estimated to be around $3. Bill Ackman. PROMOTED. William A. Hedge fund billionaire Bill Ackman says the U. Icahn: The Restless Billionaire (2022) Is A Documentary English Film Starring Carl Icahn,Bill Ackman,Brett Icahn In The Lead Roles, Directed By . 1 million bet on Netflix stocks - despite the recent drop in stock of the streaming giant from $701 to just over $400. EDT Mega hedge-funder Bill Ackman, a main player trying to topple the nutrition company Herbalife, is the hero of “Betting on Zero. Through his philanthropic fund, the investor Bill Ackman is essentially bankrolling Novak Djokovic’s Professional Tennis Players Association, a new players’ union, and a player-controlled, for. Director. 1 billion, according to a regulatory filing on Monday. He currently owns only six stocks. "WWIII has likely started, but we have been slow to recognize it," the billionaire hedge-fund manager said in a tweet thread. S. It explored the allegation from Bill Ackman that Herbalife was a pyramid scheme and personal stories of its distributors who lost their life savings. By William D. S. ”. With a net worth of $3. central bank’s ability to bring. Billionaire William Ackman, left, and wife Neri Oxman, an Israeli-American designer and professor, are at the center of a real estate controversy on the Upper West Side. 9% in 2021. dollar, in a peg that has survived for. The supremely confident billionaire hedge-fund manager Bill Ackman has never been afraid to bet the farm that he’s right. The film was hailed by The New York Times as a “landmark film” (Martha Ackman); “fantastic” (John Walters, Sports Illustrated); “remarkable” (Bill Littlefield, NPR); “powerful” (Barbara Huebner, The Boston Globe); “a must see” (Sports Illustrated for Women); “inspirational” (TV Guide); and columnist Jay Weiner wrote for. Herbalife shares closed Friday at $59. Harvard University President Claudine Gay responded to criticism by students and alumni including Bill Ackman that the school isn’t doing enough to protect. Pershing Square’s Bill Ackman said Monday that he has closed his bet against 30-year Treasury bonds, saying in a series of posts on X, the social-media platform formerly known as Twitter, that. Written and directed by Ted Braun (“Darfur Now”), the documentary. The investor has since added to his position. Summary. In a. Larry Ackman recalled that his father tried to sell a song to Tin Pan Alley. “He sold a song for $100… no way to make a living. William "Bill" Ackman, founder and chief executive officer of Pershing Square Capital Management LP. February 9, 2016 at 11:31 AM. -0. FilmBuff, a Gunpowder & Sky company For the past four years, hedge-fund billionaires Bill Ackman and Carl Icahn have engaged in an epic battle over the fate of controversial company Herbalife. A few years ago, the hedge-fund billionaire Bill Ackman paid $100,000 to play in a charity doubles tennis match against John. Market just hasn't realized it yet. ” He then received an MBA from. 𝐌𝐚𝐬𝐭𝐞𝐫𝐰𝐨𝐫𝐤𝐬 | Get priority access to invest in blue-chip art: Bill Ackman has. According to writer-director Ted Braun’s fascinating documentary “Betting on Zero,” there’s been a. 5 million. Watchlist. Ackman has achieved tremendous success over the years with his Pershing Square Capital Management hedge fund. In The Edge’s. 33% on the 5th and another 0. To Ackman’s point, new data from the Treasury Department shows the national deficit rose almost 25% year over year to $1. Illustration by Mike McQuade / Photograph by Andrew Harrer. “Ryan is unafraid to challenge anyone including yours truly, and that is an extremely important quality in a CIO,” Ackman wrote. Bill Ackman is defending Elon Musk amid the X owner's antisemitism controversy. Ackman & Co was founded in. In early 2020, when fewer than 7,000 coronavirus cases had been confirmed in the U. . 1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service’s stock plunged following news. Once the short position was public, Ackman and Pershing Square went all out in their efforts of promoting their thesis. High Society comes out in support of billionaire's glass penthouse. A year ago, Pershing Square paid more than $150mn to put on about $100bn of hedges to protect itself against rising interest rates. The. Pershing Square currently manages a total portfolio value of. In this eye-opening documentary, hedge-fund manager William Ackman attempts to prove. hlf. The hedge fund. " He said the banking crisis is beyond what the private sector can solve on its own. The founder of. This article is for subscribers only. Everything You Need to Know About Finance and Investing in Under an HourWatch the newest video from Big Think: Big Think Edge. Ackman discussed his. 95, up 0. 3 billion. Icahn power this deft documentary portrait. Penney, another failure, cost Pershing Square $473 million in 2013. 3 billion, Ackman embodies a. 1h 44min. Bill Ackman bought the 13-room penthouse at 6-16 West 77th Street in 2018 for roughly $22. William Albert Ackman (born May 11, 1966) is an American billionaire hedge fund manager who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. Directed by: Ted BraunBetting on Zero Official Trailer 1 (2017) - DocumentaryA look on how Multi level Marketing companies do their business and how it affec. Activist investor Bill Ackman scoops up late author's UWS co-op. High Society comes out in support of billionaire's glass penthouse. Hedge fund manager Bill Ackman has finally ended his disastrous $1 billion bet against Herbalife. April 21, 2022 at 6:41 AM PDT. The Smartest Guy in the Room. (Pershing Square) One of the participants in the film says she lost more than $100,000 on Herbalife. —Bill Ackman (@BillAckman) March 13, 2023. Betting on Zero (2017) Watch Now . July 11, 2022. Ackman, 56, is worth an estimated $3. In. Most of his income has been earned as a portfolio manager. The neo-Renaissance-style property was designed by Nathan Koran in 1927 and sits within the Upper. Many people on Wall Street think that Bobby is based on billionaire Bill Ackman of Pershing Square Capital Management, a hedge fund management company, due to the same initials, but Damian has said that's. He has. Penney Co. It cost Ackman some $100 million in premiums to maintain his position, per the outlet, though he made about $300 million from his moves in the market, meaning Pershing Square’s $13 billion. Some seven weeks ago, hedge fund investor Bill Ackman laid out his rationale for shorting long-term US bonds, and I took exception. ”. The Herbalife documentary about hedge fund manager Bill Ackman taking a huge short position against the nutrition company Herbalife under the notion that the. Unlike some of his fellow billionaire investors, Ackman's portfolio isn't very big. 1 hr 37 min. Bill Ackman is doubling down on his stance that the Harvard students who stand by their organizations' statement on the Hamas-Israel war should not be allowed to hide behind the Harvard brand name. Sam Altman returns as OpenAI CEO. Herbalife antagonist Bill Ackman brought. economy risks heading for a “train wreck,” following Wednesday’s interest rate hike and. Meanwhile, Ackman wrote Pershing Square 3. Carl won. 26 announced he purchased more than 3. You see, Billy Ackman and I grew up together in Chappaqua, New York. A Lonely Crusader. Billionaire investor Bill Ackman hit headlines last month when he disclosed a $1. ABC World News, and CBS 60 Minutes, the documentary film, Betting on Zero and the podcast, The Dream. The steep loss brings the return on Ackman's fund to just 0.