Bill Ackman, the founder and CEO of Pershing Square Capital Management, has recently made headlines with his strategic investment decision to short 30-year US Treasury bonds. As one of the most prominent hedge fund managers with billions of AUM and a well-recognized activist investor, Ackman's moves are always closely watched by the financial world. So when this tweet circulated the internet yesterday, the community who closely follows top hedge funds took notice:
This article will examine his motivation and the potential implications of this decision including the full tweet, details on the short, implications, and how you can follow along.
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