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Activist investor Bill Ackman, who runs Pershing Square Capital Management, is known these days for his massive short on Herbalife -- a multi-marketing company that sells weight loss and nutritional supplements.
He gave a mammoth presentation last month explaining that he believes Herbalife is a pyramid scheme.
Pershing Square is shorting more than 20 million shares and has a price target of zero.
A number of hedge fund managers don't agree with his short thesis and have taken the long side, most notably Third Point's Dan Loeb.
Ackman has definitely been generating a great deal of buzz with his short.
Now let's take the opportunity to get to know him better.
The 46-year-old activist investor was raised in an affluent Jewish family in Westchester County, New York.
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William Albert Ackman, who goes by "Bill", was born on May 11, 1966.
He grew up in a Jewish family in Chappaqua in Westchester County, New York.
His father was the chairman of Ackman Brothers & Singer, a commercial real estate mortgage brokerage in New York.
He attended Harvard for both undergrad and business school.
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Ackman graduated magna cum laude from Harvard.
He also earned his MBA from Harvard.
He found Harvard to be a pretty 'WASPy' place.
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He said that's why he decided to join the crew team to meet other Jewish kids.
See the rest of the story at Business Insider
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