Dear Josh, It’s me: Josh…the You from 10 years from now, using the latest technology from Google to send an email to you from the future. Don’t freak out. Anyway, I’m just writing to let you know that the next ten years will be wacky, but everything turns out ok. For regulatory reasons, I obviously…
William Ackman
Hot Links: Ackman, Leno & Goldman's BRIC Picks
Stuff I’m Reading this Morning… Goldman Sachs is recommending the BRIC-related stocks going into earnings season, here are their 50 favorite plays: (PragCap) The most important news of the day. (Clusterstock) Pershing Square’s Bill Ackman has a new short position. (DealBook) Classic: NBC wants Jay Leno to have an affair! (BorowitzReport) Pessimism Porn takes a…
Hot Links: Ackman, Paulson, Samberg & Whole Foods
Stuff I’m Reading this Morning… William Ackman may finally be done bashing his pretty head against the brick wall that is Target. (Dealbreaker) Ezra Klein on what Whole Foods can teach us about healthcare. (WaPo) Bespoke breaks down hedge fund star John Paulson‘s most recent sector allocations. (BIG) And then Trader Mark discusses Paulson’s just-revealed…
This Just In: Ackman Gets Smoked by Target's Board
From Reuters: 14:47 TARGET CORPORATION SHAREHOLDERS ELECT COMPANY’S DIRECTOR NOMINEES Supposedly the margin was over 70% voting for the Target (TGT) board, against Ackman and Pershing Square. We’ll see if the rest of my prediction comes true. Better luck next time, Bill. Read Also: Why Ackman Can’t Back Down No Market Recap Tonight…Thanks for reading…
Update: Ackman/ Target
William Ackman, the man behind Pershing Square‘s activist battle with Target (TGT), appeared on CNBC this morning and did a reasonably good job at explaining his reasons for his challenge to the company. He did make some compelling arguments regarding the lackluster backgrounds of some of the existing board members and management’s own non-history of…
Why Ackman Can't Back Down from Target Fight
Barron’s writer Andrew Bary gave voice to a question that is probably on many analysts’ and investors’ minds…what exactly is Bill Ackman‘s beef with Target (TGT)? The company has done just about everything right. Pershing Square‘s Ackman is basically barking up the wrong tree and I think I know why. He’s painted himself into a…
