“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.
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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.
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