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Better Options for Ackman's Investment in Target

August 17, 2014

Source: Hedgeye.com There are two main reasons why this investment did not work out for Ackman and his investors: overleverage and bad timing. This article–a follow-up to a previous posting–discusses these root cause elements and suggests a way that Ackman could have used options to better effect in his investment in Target. Overleverage The research …

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