Less than three months later, the firm sold the entire stake — resulting in about a $400 million loss on the investment. From my view, institutional investors have lots of limitation on asset allocation or security selection since every tiny change could cause significant pricing impact on their big big AUM. So, he might have to dump them due to the risk control or investment policy to avoid max drawdown something like Sharpe ratio metric
Less than three months later, the firm sold the entire stake — resulting in about a $400 million loss on the investment. From my view, institutional investors have lots of limitation on asset allocation or security selection since every tiny change could cause significant pricing impact on their big big AUM. So, he might have to dump them due to the risk control or investment policy to avoid max drawdown something like Sharpe ratio metric
Most insti indeed have those limitations, but not Ackman with his Holding, they are fully free afaik
That Ackman story is wild, it happens to the best indeed! Thanks man for all your work!
Wild indeed, welcome!
P.S. helps if you share the post out there, thank you!
Ackman ‘Netflix & Chill’, man that was hilarious! Thanks a lot, great all as always!
Funny indeed! Welcome, glad to hear!
P.S. helps if you share the post out there, thank you!
Awesome man as always, thanks a lot!
Welcome, glad to hear!
P.S. helps if you share the post out there, thank you!
Thanks for your insights! Loved the post.
Welcome, glad to hear!
P.S. helps if you share the post out there, thank you!
smooth, thanks man!
super smooth, thanks Mav!
very solid as always, simple yet full of insight via great data/visuals, thanks!
Danke schon Mav!