Bill Ackman: The Life and Times of the Activist Investor

Wednesday, April 10, 2013

If you follow the stock market or the business news, you’ve seen two companies dominating the headlines this week: Herbalife and J.C. Penny. And while it might seem that these two companies have nothing in common, they are, in fact, connected by one thing — or more accurately, by one man. His name is Bill Ackman, and he’s a 44-year-old billionaire hedge fund titan who’s vowed to take down one company and save the other.

Other than making money, what is Ackman’s motivation? And how has this one man come to have so much influence, not just in Herbalife and J.C. Penny’s futures, but in the futures of companies ranging from Proctor and Gamble to the Canadian Pacific Railroad?

William D. Cohan profiles the influential and larger-than-life Bill Ackman in the newest issue of Vanity Fair.

Guests:

William D. Cohan

Produced by:

Kristen Meinzer

Comments [1]

Larry Fisher from Brooklyn, N.Y.

J.C. Penny to become a penny share?...The struggle seems like Championship Wrestling and somebody needs to call Hollywood. There's a lot of money to be made on all this loss.

Apr. 10 2013 11:38 AM

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