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The Fabulous Life Of Bill Ackman - The Legendary Investor With A Massive Short On Herbalife

Jan 9, 2013, 22:01 IST

Activist investor Bill Ackman, who runs Pershing Square Capital Management, is known these days for his massive short on Herbalife -- a multi-marketing company that sells weight loss and nutritional supplements.

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He gave a mammoth presentation last month explaining that he believes Herbalife is a pyramid scheme.

Pershing Square is shorting more than 20 million shares and has a price target of zero.

A number of hedge fund managers don't agree with his short thesis and have taken the long side, most notably Third Point's Dan Loeb.

Ackman has definitely been generating a great deal of buzz with his short.

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Now let's take the opportunity to get to know him better.

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