“Hell is coming,” said Ackman, in a frenzied 28-minute interview. “Shut it down now,” he said of the economy, “There is a tsunami coming.”
“What’s scaring the American people and corporate America now is the gradual roll-out,” said Ackman, of containment and distancing measures.The hedge fund manager, turned amateur health expert, said the contagiousness of the virus may mean millions will die without drastic measures. He nearly cried when talking about the risks of the disease to his elderly father, and revealed some of his employees may have the virus.
“I have enormous respect for KKR and Blackstone,” Ackman added of the two illustrious private equity firms, before predicting their leveraged deals would be toast without quick containment. “Private equity goes bankrupt,” he said.has learned Ackman called Blackstone and said he’s buying the firm’s shares.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
It’s fairly easy to tell which pundits have already gotten out of the market and want it to go down further, and which ones didn’t get out and are saying things are fine.
Didn’t he have some spectacularly busted shorts?
Very good article !💓
I do not like this season of Billions! 😂😩SHO_Billions
The most winningest loser ever in the history of losers
nntaleb spending quarantine life reading INCERTO. Now look at headlines like this and think 'ludicrous.' Retrospective distortion at it's finest!
Only he can save this
He is losing a lot in his hotels and restaurant investment. Might go bankrupt.
I watched this cluster fuck interview and CNBC allowed this dipshit to repeat and repeat his sky is falling BS.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
4 stupid things to do with your money when the stock market is tanking - Business InsiderThe vast majority of investors should follow a few simple rules: don't touch your investments, keep saving money, and spend within your means. Discover This New Online Strategy That Almost Nobody Knows About Hookers, boooze, gambling and exotic cars... The same “experts” who 5 weeks ago were saying there was NO STOPPING this market?
Source: BusinessInsider - 🏆 729. / 51 Read more »
4 things that get easier when the stock market falls - Business InsiderWhen stock market is down, it's easier to buy more shares of stocks, to borrow money, and to focus on other parts of your financial plan. Discover This New Online Strategy That Almost Nobody Knows About It is only partial point of view. Also printing huge amounts of paper money which are not covered by any concrete value will cause extreme devastation of currency and thus evaporating investments also for decades. STOP.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Markets are getting crushed but these stocks have held upGoldman Sachs made a list of the best-performing S&P 500 stocks since markets peaked on Feb 19, the start of the downward spiral into bear market territory. Pro CNBC: Its time for the people nof America to have free health care.' And get rid of the greed' for money' from the vulnerable. They say! that they cannot afford it' nonsense if the UK can. The USA' is a richer country ' it's for the needy not the greedy ? Pro Pro QuantumRationality heuristics of Maximizers The markets falling have no connection to the COVID19 challenge it's just Maximizer behaviours of Greed leveraging the chaos to exit stocks with no value and there is a lot more to go globally
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: White House and Fed boost stocks, Dow up 1,000, Oil drops 6%Stocks attempted a rebound on Tuesday after the Dow and S&P 500's worst day since 1987 on Monday. GREAT let get gas down to a 1.50 gallon. WTI Member people who called a bottom like, well hundreds of millions of losses ago? For every bottom calling hero that is born from this, there is a path littered with corpses. I’m fine with not trying to be a hero.
Source: CNBC - 🏆 12. / 72 Read more »