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Bill Ackman Thinks Michael Bloomberg Could Announce Presidential Bid... and Win

October 6, 2015 4:43 PM EDT

Hedge fund titan Bill Ackman thinks businessman and former NYC Mayor Michael Bloomberg will run for President of the U.S. and win.

Speaking at a Bloomberg event, Ackman said Mr. Bloomberg has all the good qualities people see in Donald Trump without all of the bad qualities.

The hedge fund manger sees the market rising the day Bloomberg announces and rising further if he wins.



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