After two of the most punishing years of his hedge fund life, Pershing Square founder and CEO William Ackman has learned from his trying experiences. “Success is found in how you deal with failure,” he said after attending a Chicago showing of Ted Braun’s film “Betting on Zero.” Along with a packed audience at Chicago’s Facets Cinematheque theater, Ackman said he was done with public short selling, as was the case with his widely watched short on Herbalife, the subject of the film. May could be a significant month for Herbalife With estimated marked-to-the-market paper losses on the Herbalife short near $400…
Bill Ackman Not Done With Herbalife, Says His Fight Could Get Legs In May
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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