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Jewish Hedge-Fund Billionaire Bill Ackman Turns $27 Million Into $2.6 Billion During Bolshevik Orchestrated Coronahoax

“If they had the power to do to us what we are able to do to them, not one of us would live for an hour. But since they lack the power to do this publicly, they remain our daily murderers and bloodthirsty foes in their hearts.” – Martin Luther (1483-1546): On The Jews and Their Lies: 9/11, p. 141

Market Insider, 3/26/2020

Pershing Square Capital Management CEO Bill Ackman minted a multibillion-dollar profit as coronavirus fears tanked US stocks.

The hedge-fund billionaire turned a $27 million position into $2.6 billion through defensive hedge bets, a Wednesday letter to investors said. The profit offset losses elsewhere in the firm’s portfolio and helped Ackman’s public fund land a 7.9% gain in March through Tuesday’s close, The Wall Street Journal reported. The S&P 500 slid 17% over the same period.

Pershing Square used credit protection on investment-grade and high-yield bond indexes to land the massive profits. The assets rise in value as the odds of corporate defaults increase. As measures to combat the virus outbreak cut into economic activity, corporate bond ratings tanked, and investors feared the worst.

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