What Bill Ackman's Bad Year Says About Hedge Fund Managers

When hedge fund manager Bill Ackman warned his shareholders Tuesday that 2015 would likely be his worst ever, most investors probably had the same reaction: "I'm glad I don't have any money with that guy." But celebrity investors like Bill Ackman - who has built a reputation as one of the top activist investors - have big followings among retail investors. Here's why Ackman perfectly illustrates why imitating the strategies of hedge fund managers is such a bad idea... Tags: activist investors , Bill Ackman , celebrity investors , Hedge fund managers , Pershing Square , Valeant Pharmaceuticals To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What Bill Ackman's Bad Year Says About Hedge Fund Managers appeared first on Money Morning - We Make Investing Profitable .