“Hell Is Coming”: How Bill Ackman Predicted the COVID Market Crash—And Made a Fortune

In February 2020, the infamous short seller woke up in a cold sweat when he realized the pandemic might spell pandemonium on Wall Street, as Liz Hoffman writes in her forthcoming book, Crash Landing. “We need to either sell everything,” he told his top lieutenants, “or put on a massive hedge.”…
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