Bill Ackman’s New Bet๐๐๐ via /r/wallstreetbets #stocks #wallstreetbets #investing
Bill Ackman’s New Bet๐๐๐
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
- โWeโre in a treacherous time generally and whatโs 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.
Except for:
๐RKT๐
๐NIO๐
๐PLTR๐
๐APHA๐
๐PSTH๐
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
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