Bill Ackman: I'm Not a Raider I Just Crush a Lot

Where I come from, a comparison to the legendary Carl Icahn is a win.  Hedge fund manager Bill Ackman (Pershing Square) doesn’t see it that way…

From the New York Observer:

While he prefers to see his seven-year-old fund in the same positive light as many people view the work of Mr. Buffet, comparisons are more often made to Mr. Icahn. Both he and Mr. Ackman are known for their activist investing, taking huge stakes in the bluest of blue-chip companies and then agitating for changes they believe will improve the stock price. Mr. Ackman, who considers his work as benevolent and beneficial—not just to the companies but also to the entire country—hates the comparison to the notorious corporate raider.

That comes from a great Observer profile of Ackman that I just got around to today.  My friend Mark blogged it at Fund My Mutual Fund, too.

Anyway, can Ackman ever really match Buffett’s accomplishments as an investor?

“I want to have one of the great investment records of all time, why not?”

“That’s why I have to be healthy,” Mr. Ackman continued. “It’s not just compounding a high rate; it’s living a long time. Buffett has a 55-year-old record. I’ve got a seven-and-a-half-year-old record. It’s going to be 90-I’ll be almost 90 by the time I’ve got a 50-year history.”

This is tonight’s reading assignment, head over below…


The Busybody of the Beresford: Bill Ackman Fixed His Own Image—and Now He’ll Fix You! (NYO)

What's been said:

Discussions found on the web
  1. blazing trader review 2020 commented on Sep 28

    … [Trackback]

    […] Here you will find 62735 additional Information to that Topic: […]

  2. commented on Oct 03

    … [Trackback]

    […] Read More on on that Topic: […]

  3. orangeville real estate agents commented on Oct 16

    … [Trackback]

    […] There you can find 1239 more Info to that Topic: […]

  4. DotNek promouvoir votre application commented on Oct 26

    … [Trackback]

    […] There you can find 12254 more Info on that Topic: […]

  5. Grand Power Stribog SP9A3 commented on Nov 04

    … [Trackback]

    […] Read More Info here to that Topic: […]

  6. Devops Consulting Companies commented on Nov 23

    … [Trackback]

    […] Read More Information here on that Topic: […]