Jeff Vinik, who ran Fidelity’s famed Magellan Fund from 1992 until before he left the firm in 1996, became well known for his aggressive investing style, according to a recent…
Day: November 9, 2017
Ackman Efforts to Boost Pershing Share Price May Not Work
Since May, Bill Ackman’s hedge fund has bought back more than 2.8 million shares of the publicly-traded version of its investment fund, according to a recent Bloomberg article, “essentially taking…