I think Ackman is sincere and has good intentions re COVID, but advocating for full lockdown and saying Hilton is “going to zero,” while having a huge credit short on, and then covering said short two trading days later and buying Hilton, is a bad look.
jeff gramm
6,992 posts
author of Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism
- I just overheard my 7 year-old whispering to his friend, "my dad is a weirdo" to which she responded "he really is!"
- RIP Ross Perot - here are some maxims passed down from his cotton trader father:
- Klarman did an interview with the New Yorker and weirdly it has not flooded my (fin)twitter feed:
- I'm gonna go ahead and call bullshit on this promoted tweet claiming the average CEO reads 60 books a year.
- I'm very excited to be teaching the Shareholder Activism class at Columbia Business School this semester w/Terry Kontos. Here's the course description we wrote:
- I recently became chairman of a public company -- I didn't realize Warren Buffett sent ominous messages out to all new chairmen:
- I got into college the old fashioned way - i picked a place in a frozen city with a reputation for misery and a 65% acceptance rate.
- My wife interviewed our 10yo son today for kicks and here was his answer about what I do for a living. It’s a pretty good description of managing a fund:
- The Twitter board clearly needs to go back to Elon and ask for $69.420. No brainer.
- I feel like I’ve spent many a day in my investing career marveling at a Bill Martin home-run. Many congrats to a great investor.








