So Which Put Volition Mr Ackman Exit: Herbalife Or Valeant
Bill Ackman just exited his large put inwards Canadian Pacific.
This was a stunningly successful position: truly I want I had done it.
It every bit good produces a rattling large taxable gain.
Mr Ackman withal has been producing less-than-stellar performance for his Pershing Square fund.
So at the instant he is leaving his clients amongst large losses addition a large taxation bill. I can't imagine they would hold upwards thrilled amongst that.
Logically together with then Bill Ackman volition wipe his taxable gain past times reducing or exiting i of his large losing positions - either the brusk on Herbalife or the long on Valeant.
I actually don't conduct maintain whatsoever insight into which - but he is on the board of Valeant together with that makes moving the Valeant put to a greater extent than problematic.
Thoughts anyone?
John
PS. This observation is non original. I received like from at to the lowest degree 3 classify emails.
This was a stunningly successful position: truly I want I had done it.
It every bit good produces a rattling large taxable gain.
Mr Ackman withal has been producing less-than-stellar performance for his Pershing Square fund.
So at the instant he is leaving his clients amongst large losses addition a large taxation bill. I can't imagine they would hold upwards thrilled amongst that.
Logically together with then Bill Ackman volition wipe his taxable gain past times reducing or exiting i of his large losing positions - either the brusk on Herbalife or the long on Valeant.
I actually don't conduct maintain whatsoever insight into which - but he is on the board of Valeant together with that makes moving the Valeant put to a greater extent than problematic.
Thoughts anyone?
John
PS. This observation is non original. I received like from at to the lowest degree 3 classify emails.
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