Bill Ackman Discussing his view of Herbalife and explains how a Active investor and a hedge fund that holds long-term positions can be the same thing. The interview also gives a glimpse into Bill's investing technique, using the example of oil prices creating volatility in the market when the price of oil shouldn't in theory affect the price of a company.
https://www.youtube.com/watch?v=oqH8xHVWKZs&feature=youtu.be
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