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Feb

25

Bill Ackman Giveth And Bill Ackman Taketh Away

By Tony Seruga

ackman3 Attention Pershing Square people: See if you can get those corks back into thoseyear-old Champagne bottles, because when Bill taketh away, he taketh it all away.

Billionaire investor William Ackman has managed to erase his entire 40% return of 2014….

Valeant Pharmaceuticals, which was Ackman‘s main loser in 2015, was also to blame for this year’s drop. Valeant’s stock declined 16% from Feb. 17 through Tuesday amid questions over its earnings, providing the final bit of fuel for Ackman‘s fund to burn through its gains…

Bill Ackman Giveth And Bill Ackman Taketh Away

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