Bill Ackman’s New Bet๐Ÿš€๐Ÿš€๐Ÿš€ via /r/wallstreetbets #stocks #wallstreetbets #investing

Bill Ackman’s New Bet๐Ÿš€๐Ÿš€๐Ÿš€

Ackie-boy is calling for the market to poop.

Founder of Pershing Square, hedge fund manager Bill Ackman speaking on Tuesdayย at the Financial Timesโ€™ Dealmakers conference

  • markets once again have become too complacent about the coronavirus.ย 
  • is hedging his equity exposure with insurance against corporate defaults
  • โ€œWeโ€™re in a treacherous time generally and whatโ€™s fascinating is the same bet we put on eight months ago is available on the same terms as if there had never been a fire and on the probability that the world is going to be fine.!/hedge-fund-manager-ackman-says-markets-too-complacent-about-the-coronavirus-20201110

Except for:






Last time he made 2.6 billion on this bet. Let's hope he's wrong this time…. Either way I'm still 60% portfolio $PSTH. Save me Ack-Daddy.

edit: Yes these are all of my positions.

edit2: TLDR; 9/17/21 $23c RKT and 1/21/22 $35c NIO

Submitted November 11, 2020 at 03:58AM by Dr_THC
via reddit