An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Showing posts with label Valeant. Show all posts
Showing posts with label Valeant. Show all posts
Tuesday, March 15, 2016
Valeant...another disaster for Bill Ackman. What's with this guy? What's with all these guys?
Valeant shares are getting pummeled today. Hedge fund guy, Bill Ackman, was long a boatload. He's getting creamed.
That comes after his disaster with shorting Herbalife. That was a disaster even despite teh fact that he tried to get the government to intervene on his behalf and start an investigation into the company. (Sleaze.)
Then we find out he recently shorted the Chinese yuan because he thought there was going to be a "debt crisis" in China. Like, China would run out of yuan. The other idiot that did that was Kyle Bass, who keeps losing money in one fictitious debt crisis after another. (Remember the Japan debt crisis he predicted?)
What's wrong with these guys? Ackman, Bass, Einhorn, Gross...they all suck. They all do the same, wrong thing. They're all fucking clueless.
I should be managing billions. Maybe I suck at marketing. Yeah, I do.
Saturday, October 17, 2015
Does billionaire hedge fund guy, Bill Ackman, ever make any money? Legitimately?
What's with Bill Ackman, I mean, does he make money?
The only thing I ever see coming from this guy are losses and that's even with the help of the media that he enlists to spread lies about companies he has positions in or, getting regulators to launch investigations where they're not warranted.
For the life of me I cannot figure out these hedge fund guys. They seem really clueless or, only capable of cheating or defrauding. It seems like Ackman really doesn't know what he is doing, but he certainly goes around talking like he's a VSP (very smart person).
Go figure.
"Ackman’s hedge fund may have lost over $160 million on Valeant’s stock on Thursday, and about $580 million since March 31"
The only thing I ever see coming from this guy are losses and that's even with the help of the media that he enlists to spread lies about companies he has positions in or, getting regulators to launch investigations where they're not warranted.
For the life of me I cannot figure out these hedge fund guys. They seem really clueless or, only capable of cheating or defrauding. It seems like Ackman really doesn't know what he is doing, but he certainly goes around talking like he's a VSP (very smart person).
Go figure.
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