Pershing Square cutting cost - even personal drivers

Poor Bill is going silent to focus more on investing and less on being the firms #1 marketer according to the article.

He even cut his own driver so that he could walk and take the subway.

https://www.cnbc.com/2018/01/22/ackman-cuts-staff…

Is this the beginning of the end?

I predict in 5 years there will be no fund.

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TippyTop11, sorry there are no responses yet. Maybe one of these topics can point you in the right direction:

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I'd wager that it was the $4bn he lit on fire with his Valeant position. Herbalife made sense, at least from a fundamentals perspective, but the whole Valeant fiasco had to have caused irreparable damage as far as reputation is concerned.

 

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