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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