November 5, 2013
When you look at the great long-term investment track records, the vast majority are held by value investors such as Warren Buffett, Bruce Berkowitz, Seth Klarman etc.  There were two very prominent exceptions, George Soros and Stevie Cohen.  George Soros is a macroeconomic genius, who has taken aggressive positions across a variety of different asset...
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No investor other than perhaps Stevie Cohen has garnered the criticism that Bill Ackman has in 2013.  His controversial investments in J.C. Penney (JCP) and Herbalife (HLF) have generated a lot of headlines, as has his sparring with Carl Icahn and Daniel Loeb, but Ackman has been a very successful investor over the years, which...
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