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Lessons From Valeant

TedTed
in Fund Discussions
FYI: Pershing Square's 2016 Annual report was released recently. While Bill Ackman's long term track record is impressive, he lost a substantial amount of money in Valeant. He wasn't alone as other high profile investors like ValueAct and Sequoia also took significant losses. Like all good investors, Mr.Ackman acknowledged his mistakes and highlighted the lessons he learned.
Regards,
Ted
http://mastersinvest.com/newblog/2017/4/3/lessons-from-valeant

The Investment Masters:
http://mastersinvest.com/new-page-94-1

Comments

  • LewisBraham
    Isn't it fun when you learn lessons with other people's money instead of your own?
  • JoJo26
    LewisBraham said:

    Isn't it fun when you learn lessons with other people's money instead of your own?

    While there is validity to this statement, it's not like he didn't lose anything either. He's invested in Pershing Funds alongside investors so also suffered losses...

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