tmohamed@businessinsider.com (Theron Mohamed) / Insider
Bill Ackman touted a $2.7 billion profit from hedging rate hikes, explained his costly Netflix exit, – Pershing Squares billionaire boss suggested US inflation is on the decline, and raised the prospect of a recession next year.bill ackmanBill Ackman. REUTERS/Shannon Stapleton Bill Ackmans Pershing Square has made about $2.7 billion hedging against interest-rate hikes this year, the billionaire hedge fund manager disclosed in a recent interview with …
