“Hell Is Coming”: How Bill Ackman Predicted the COVID Market Crash—And Made a Fortune

February 11, 2020 Bill Ackman winced as he watched the line of selfie-seekers form. It was a few minutes after 9 p.m., and Ackman, in a crisp white shirt and a pale blue tie, had just finished giving a talk at the London School of Economics. As he reached for his suit jacket, draped over the back of his chair, a horde of young finance students hurried down the auditorium aisle, smartphones in hand. This kind of thing happened with surprising frequency to the fifty-four-year-old hedge fund manager. Following his graduation from Harvard Business School in 1992, Ackman later launched… Read Full Article