Bill Ackman's Interview on Charlie Rose, $HLF/$JCP Ratio Watch

Bill Ackman, CEO of the $11 billion hedge fund Pershing Square Capital Management, was interviewed by Charlie Rose on August 12, 2013. He talked about his investment in JC Penney (JCP), his Herbalife short (HLF), his feuds with Carl Icahn and Dan Loeb, and his previous track record (his long bets on Borders, General Growth Properties and Target, and his short bet against bond insurer MBIA).

Source: (h/t Hypnotoad Girl)

Wow, HLF/JCP is up 659% since August 2008. When does this long-term trend hit a bend?


In February 2008, Bill Ackman talked about bond insurer MBIA, forced muni bond dumping, systemic risk, and Berkshire Hathaway's offer to reinsure muni risk in a panel discussion at the Hudson Institute. Interesting times.

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