Jared Schneider

Bill Ackman, Target and High-Risk Investing

Let's not forget about Ackman's first hedge fund, Gotham. He screwed that one up and screwed over a lot of investors. It collapsed because his terrible investing style.

And guess what, people gave him money to start a new fund (Pershing) in 2003. People just don't learn from the past. It's only a matter of time before Willy and his fund collapse once again.

I wrote an article about his Target situation at : www.investorpitstop.co...