science4sail wrote:Does anyone know the full context for this? Beyond my couple of blue chips, I haven't really been paying attention to market news.
Their cat fight goes back 10 years to a deal gone bad, but what triggered recently is Ackman's very public short on Herbalife. That whole position is hedge fund porn in that people like Ackman are vocal on one side and Dan Loeb on the other. Icahn may be on the other side as well. This is entertainment, not serious investing information for the retail investor.
A man is rich in proportion to the number of things he can afford to let alone.