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June 12, 2012
I really enjoyed this letter from Bill Ackman of Pershing Square and I hope that you do too.  His write ups of J.C. Penney and Citigroup were very interesting, as was his accurate description of private equity.  Enjoy! http://dealbreaker.com/uploads/2012/06/Pershing-Square-Q1-2012-investor-letter.pdf?source=email_rt_mc_body&ifp=0 INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.
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