(Harvest) Bill Ackman, the founder of the well-known Pershing Square Capital hedge fund, is making a comeback, or so he hopes. He spoke at this year’s SALT conference, which also had Dan Loeb and Joe Biden as highlighted speakers. Ackman claims to have “something to prove” after his fund was down more than 30% at one point. Notably, Ackman is referring to having something to prove after his Valeant Pharmaceuticals (NYSE: VRX) blunder. He notes that selling Valeant was one of the best things he’s done. Ackman notes that he failed on the judgment of Valeant’s management.
Bill Ackman On The Industry, Valeant And Retail
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