Comment & Analysis
Billionaire hedge-fund manager Bill Ackman: We should have bet against retail
Billionaire hedge-fund manager Bill Ackman told CNBC on Monday he should have bet against the retail sector. "We should've been" short on retail, said Ackman, CEO of Pershing Square Capital Management, adding his firm isn't really big on short selling. "I see [that] retailers have to adapt," Ackman said in…
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