(#billackman , #investing #stocks )
How Bill Ackman Lost $400 million in just 90 days. This video covers Bill Ackman’s investment in the stock Netflix through his fund, Pershing Square. Billionaire investor Bill Ackman sold a $1.1 billion investment in Netflix, resulting in a $400 million loss for his fund after Netflix announced it had lost subsribers for the first time in a decade. This decision surprised many followers of Bill Ackman, who frequently talks about how a long-term term focus is part of his investing strategy. Bill Ackman’s investing strategy follows that of Warren Buffett. Focusing on investing within your circle of competence, and focusing on simple, predictable, free cash flow generative businesses.
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https://www.patreon.com/user?u=38414104
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