Bill Ackman’s New Bet🚀🚀🚀
Ackie-boy is calling for the market to poop.
Founder of Pershing Square, hedge fund manager Bill Ackman speaking on Tuesday at the Financial Times’ Dealmakers conference
- markets once again have become too complacent about the coronavirus.
- is hedging his equity exposure with insurance against corporate defaults
- “We’re in a treacherous time generally and what’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.
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 https://ift.tt/3nh4pNV