Billionaires Bill Ackman and Jeff Yass Are Pouring Into This Plagued Retail Stock. Here's Why It May Be a Smart Move.
Hedge funds managed by Bill Ackman and Jeff Yass recently bought shares of Nike stock.Portfolio managers Bill Ackman and Jeff Yass share very little in common. Ackman is an activist investor who takes large positions in a small cohort of stocks. His fund, Pershing Square Capital Management, manages over 57 billion fund with more than 5,500 positions.While taking a look through the most recent 1 ...