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Bad year for Wall Street's 'golden boy' Bill Ackman

Huge bets on firms like Valeant and Herbalife have delivered steep losses to billionaire's Pershing fund

Published Sun, Jul 17, 2016 · 09:50 PM

New York

FOR a Wall Street star once dubbed the "Baby Buffett", Bill Ackman is having a pretty bad year.

Huge bets on companies like Valeant and Herbalife have delivered steep losses to the flamboyant billionaire's Pershing Square hedge fund.

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Banking & Finance