Learn from your mistakes
Apr 29, 2022
2 minutes
John Stepek Executive editor
Netflix’s disappointing results (see page 6) have proved costly for hedge fund manager Bill Ackman. Earlier this year, Ackman built a $1.1bn stake in the streaming giant, which had just endured another big sell-off, via his Pershing Square investment vehicle. Ackman wrote that “many of
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