CNBC is reporting Bill ‘Montauk” Ackman was down 2.2% in July and up just 4% for the year. In other words, Bill, due to his retarded HLF short position and long JCP holdings, is in the bottom quadrant of professional money managers, as far as performance is concerned. Even still, he has over $11 billion under management.
Being the best doesn’t mean you will be the most successful. In this case, Bill is a terrific salesmen.
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Fly,
What do you think of GRPN before earnings?
Dear Fly:
About CXO, why did this go up, when other oil companies went down ?
HLF is going to do a dutch auction in November. $100 min $125 max. buyback 10% of shares outstanding not held by Icahn and Soros and two other entities.