Who is Bill Ackman?

While many investors were nursing losses due to the coronavirus sell off, hedge fund manager Bill Ackman was raking in billions. You may have seen his warning on the 27th March 2020 in an interview with CNBC where he warned that ‘hell is coming.’

His hedge fund Pershing Square Capital sold-off some of their holdings including a large position in Starbucks and placed a $27 million hedge to protect his $6.5 billion portfolio. For those who…