Bill Ackman Said ‘Hell Is Coming’ in 2020 — How a $27 Million Hedge Turned Into $2.6 Billion as He Bought the Crash
Bill Ackman turned a $27M COVID-era credit hedge into $2.6B, then bought discounted stocks during the 2020 market crash.
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Why It Matters
A big investor protected his money when markets crashed in 2020. Then he bought stocks at cheap prices and made huge profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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