By Jody Chudley On March 31, I took you behind the scenes of what I thought was the trade of the year.
Now I believe that it was actually the trade of the decade, if not the century.
Here’s how it played out…
On March 3, hedge fund manager Bill Ackman notified investors in his publicly traded investment vehicle Pershing Square Holdings (OTC: PSHZF) that he was extremely worried about COVID-19 creating an economic catastrophe.
More importantly, he told investors that he had placed a trade that would protect Pershing Square’s investments from this catastrophe and position him and his investors to profit.
Here’s exactly what he did…
In …read more
