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How did you resolve your public dispute with Carl Icahn over your Herbalife short position?

Replied byBill Ackman

Founder & CEO at Pershing Square Capital Management

Niche: Finance

Revenue: Not Publicly Disclosed/month

Location: New York City, New York, United States

Started: 2004

Carl knew nothing about the company but bought a billion dollars of stock to squeeze our short position. Since then, we have buried the hatchet and hugged it out. The experience taught us that short selling is too dangerous, and we are now completely out of the short-selling business.

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