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Who Is Bill Ackman, UMG’s New Anchor Investor?

Investor and hedge fund manager Bill Ackman has made and lost billions making bold risk. He famously lost a billion-dollar bet shorting shares of Herbalife, was called an a–hole by now-President Joe Biden following a joke gone awry at a high-end Las Vegas dinner in 2017 and commands a cult-like reverence from some retail investors who call their unflinching belief in his investment strategy “hopium” because of his basic-to-the basics approach to growth investment.  After months of signaling […]