William Ackman
Bill Ackman runs hedge fund Pershing Square Capital, which he started in 2003 following the dissolution of Gotham Partners.
Ackman is a value investor with an activist bent. Activist investors agitate management for changes. He owns large positions in Target (NYSE: TGT) and Borders (NYSE: BGP). He has also been involved in activist situations at Wendy's (NYSE: WEN) and McDonald's (NYSE: MCD).
Ackman proved his acumen as a short seller in 2007/2008 as short positions he held in MBIA (NYSE: MBI) and Ambac (NYSE: ABK) proved to be big winners due to the credit crunch.
In July 2008, Ackman said he was short the common stock of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Ackman also laid out a plan to reorganize the GSEs, which would wipe out the common shareholders.
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Heavily-Shorted Herbalife (HLF) Surges Ahead of Q3 Results
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Herbalife (HLF) Peers Pressured Again as Ackman Plans Roasting (USNA) (NUS)
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Nu Skin Enterprises (NUS) Declines as Peers Targeted
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Market Wrap: IMF Trims Global Expectations; Ackman Gets Active; Spill! in the Gulf
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Shorts Buried in MLM Companies (HLF) (USNA) (NUS)
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UPDATE: DA Davidson Upgrades Herbalife (HLF) to Buy; Boosts PT Up to $78
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Third Point's Loeb Isn't Always Positive on MLM Cos.; Takes Short in Herbalife (HLF) Peer
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Did Bill Ackman Find a Recruit for his Herbalife (HLF) Short Downstream?
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Streetinsider.com's Hot Lunchtime Reads 01/10: (CLWR) (SWHC) (HLF) (INTC)
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Stocks Crossing 50-Day SMA 12/19: (CLF) (USO) (NAV) Above; (GE) (NUS) (JCP) Below
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Herbalife (HLF) Plunges After Bill Ackman Gets Short; Calls a 'Pyramid Scheme'
