I hope you know even with his losses he still averages over his investing career 140% return. Also obviously my comment was to highlight his unbelievable spin ability and persuasion you useless troll.
actually, the compounded annual return of his fund (Pershing Square) LACKS the S&P500 by something like 10%. Meaning that you would have made far more money in an index fund doing nothing. Ackman is the worst bullshitter on the street... by a long shot.
source seeking alpha, the Wall Street Journal or his annual newsletters which are publicly available. He has had three terrible downyears since the big score in 2014 where he made 40%. His performance is simply too volatile to tolerate, even as a long-term investor. I don't like his approach at all and least of all the public shorts (HLF) where he basically tries to manipulate the price of the stock through public conferences.
He's funny he did not like being interrupted even when she enthusiastically agreed and said absolutely. He must get in the numbers zone and forget about his social skills sometimes.
Amazing how he can still have this much publicity, down huge over last 2 years, and this year, compare to the market, and yet the market still listens.
ADP is well known for there practice of intimidating to fire local workers to outsourcing there jobs to India and Romania. There workforce is mainly in cheap labor country's. If you decide to be a customer of ADP, be aware that mostly u deal with Romania and Philippine workers. The ADP customer support is outsourced. This way ADP is working to safe money that they normally would pay as Payroll tax.
Is it just me? The way the anchor speaks is annoying and always interrupt Bill. Bill is what we want to hear ? She speaks too quickly…and her voice and pronunciation has too many ssss tttttt zzzzzz very annoying
You misinterpreted what I meant. Bill talks as if everything he does is for the benefit of the "shareholders" but lets me honest here he only cares about the profits of himself and his fund which is totally fine with me I would be the same way. He talks as if "I am doing this for you" and its bull shit. He's making trades for profits for himself and his fund and no one else. And again, I am completely fine with that I am just tired of him bullshiting people saying heing doing what he does out of goodwill.
@@AnnaLVajda he said that if at some point when he is probably old, he might attempt to go into politics if he feels the country is too poorly managed then. Like he's always says, "America is the world's biggest business and deserves to be run by a businessman"
This guy shows you, how it's all about your 'framing'. If you appear confident, unfazed, people will often buy-in... because they are insecure. Herbalife short, sure, that sounded plausible, hasn't worked out yet, right? JC Penny... ouch. Still the best guy to manage your money? VALEANT??? To still be managing billions of other people's money after such a fiasco, you need major spin. This guy has it.
you clearly don't have a clue what happened in any of those investments. Herbalife is still a scam. JC Penny was a management error in judgement by the new CEO underestimating how much the buyers at JC Penny liked the coupon system instead of just passing those saving onto the customer through better prices at all times. Valeant he should have gotten on the board but he didn't and wasn't involved enough as he has admitted. Also you didn't mention his wins as well. Focused portfolio activist investing is not for the feint of heart and the investors knew the risk/reward.
I know his investors lost a shit load of money on Valeant , JCP , Herbalife .. And his investors will lose a shit load more on Chipotle ... But I would love to know about his winners ... What has he bought to make investors money if anything ? Or this is just an illusion ?
How can you be sure that they will lose more on Chipotle? That sounds like a forecast to me. You should at his fund's performance since inception because his returns have been market beating. He's still betting against Herbalife, so technically they haven't lost anything.
Bryan Wheelock the problem is the valuations .. and the industry ... If your product is not that superior , that means , even if you may have reached a superior level at some point , you will sooner or later be vulnerable to competition .. and given the simplicity of your product , it won’t be that difficult to copy you ... and even worse .. come up with something better that you ... that’s why I think Chipotle is vulnerable .. and vulnerability is the last thing you want in a company in which you invest in the long run ...
he could shoot me and tell me it’s for my health and I’d believe him.
^"your"
I hope you know even with his losses he still averages over his investing career 140% return. Also obviously my comment was to highlight his unbelievable spin ability and persuasion you useless troll.
actually, the compounded annual return of his fund (Pershing Square) LACKS the S&P500 by something like 10%. Meaning that you would have made far more money in an index fund doing nothing.
Ackman is the worst bullshitter on the street... by a long shot.
Source ?
source seeking alpha, the Wall Street Journal or his annual newsletters which are publicly available.
He has had three terrible downyears since the big score in 2014 where he made 40%.
His performance is simply too volatile to tolerate, even as a long-term investor. I don't like his approach at all and least of all the public shorts (HLF) where he basically tries to manipulate the price of the stock through public conferences.
Just hearing him speak creates Brain Cells.
This guy is very brilliant. I envy him. I wish I was that good.
He's funny he did not like being interrupted even when she enthusiastically agreed and said absolutely. He must get in the numbers zone and forget about his social skills sometimes.
Very chill guy
Yeah I like that about him he does rattle easy.
Amazing how he can still have this much publicity, down huge over last 2 years, and this year, compare to the market, and yet the market still listens.
just because he was down the last 2 years that doesn't mean that he isn't still beating the market average ever since pershing square's inception.
Exactly, Aiyan. His returns are market-beating. People like this will point out only the few years that he underperforms.
Does anybody else get this because I just looked at a 3 YR chart on ADP and the stock has gone sideways?
This was in 2017
Fucking intelligent
ADP is not a social company with 80% of there local jobs, now outsourced to India.
ADP is well known for there practice of intimidating to fire local workers to outsourcing there jobs to India and Romania. There workforce is mainly in cheap labor country's. If you decide to be a customer of ADP, be aware that mostly u deal with Romania and Philippine workers. The ADP customer support is outsourced. This way ADP is working to safe money that they normally would pay as Payroll tax.
Is it just me? The way the anchor speaks is annoying and always interrupt Bill. Bill is what we want to hear ? She speaks too quickly…and her voice and pronunciation has too many ssss tttttt zzzzzz very annoying
Bill stop leaning on the "share holders" Nobody gives a shit about the share holders. It's all about self interest and nothing else!
Tyler gunn you do realize he needs votes from the shareholders to get on the board right?
You misinterpreted what I meant. Bill talks as if everything he does is for the benefit of the "shareholders" but lets me honest here he only cares about the profits of himself and his fund which is totally fine with me I would be the same way. He talks as if "I am doing this for you" and its bull shit. He's making trades for profits for himself and his fund and no one else. And again, I am completely fine with that I am just tired of him bullshiting people saying heing doing what he does out of goodwill.
After Elon, Bill is my boy!
This guy was born to be a politician not an investor
He's Jewish so managing money is kind of in the family.
If he was Canadian he would make a great Finance Minister. Is he even interested in politics though?
@@AnnaLVajda he said that if at some point when he is probably old, he might attempt to go into politics if he feels the country is too poorly managed then. Like he's always says, "America is the world's biggest business and deserves to be run by a businessman"
does anybody else think hes hot
Yes, yes I do. I have a thing for white haired men.
Lmao yes! First time I saw him on Betting on Zero I thought he was so hot lol
His wife hopefully.
Whoa Zack... take it down a notch... we like girls around here
his face looks kind of young if not for the white hair
When I watch Bill, I learn a lot in terms of his presentation of info. Great investors and hedged fund manager
This guy shows you, how it's all about your 'framing'. If you appear confident, unfazed, people will often buy-in... because they are insecure. Herbalife short, sure, that sounded plausible, hasn't worked out yet, right? JC Penny... ouch. Still the best guy to manage your money? VALEANT??? To still be managing billions of other people's money after such a fiasco, you need major spin. This guy has it.
you clearly don't have a clue what happened in any of those investments. Herbalife is still a scam. JC Penny was a management error in judgement by the new CEO underestimating how much the buyers at JC Penny liked the coupon system instead of just passing those saving onto the customer through better prices at all times. Valeant he should have gotten on the board but he didn't and wasn't involved enough as he has admitted. Also you didn't mention his wins as well. Focused portfolio activist investing is not for the feint of heart and the investors knew the risk/reward.
You're judging his performance as a money manager based on a few investments. His returns are still market-beating.
how? they are down from the past 2 years. have link for the "market-beating" returns?
To be fair, Valeant wasn't exactly his fault. He just chose unwisely to not pull out of that when things started to get dicey.
go back to trp.
he lost money last few years, but somehow he is believable. i own vrx
The passive investment is Nike
I know his investors lost a shit load of money on Valeant , JCP , Herbalife .. And his investors will lose a shit load more on Chipotle ... But I would love to know about his winners ... What has he bought to make investors money if anything ? Or this is just an illusion ?
How can you be sure that they will lose more on Chipotle? That sounds like a forecast to me. You should at his fund's performance since inception because his returns have been market beating. He's still betting against Herbalife, so technically they haven't lost anything.
i mean he's famous for a reason he's had really good returns in the past. $MBI short $WEN, $GGP, $CP, etc.
Bryan Wheelock the problem is the valuations .. and the industry ... If your product is not that superior , that means , even if you may have reached a superior level at some point , you will sooner or later be vulnerable to competition .. and given the simplicity of your product , it won’t be that difficult to copy you ... and even worse .. come up with something better that you ... that’s why I think Chipotle is vulnerable .. and vulnerability is the last thing you want in a company in which you invest in the long run ...
Mustafa Baris he took ggp from .30 cents to over $30 but he is cocky sometimes.
GGP was legendary
Made a shit ton in Allergan, CP, etc