In the wild world of SPACs, the Stable Road Acquisition Corp. stands out for more than just its now-ironic name. The company, which last October
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How High-Achievers from Immigrant and Working Class Backgrounds Lost Millions on Bill Ackman’s SPAC
In January, members of a Reddit forum called WallStreetBets gained notoriety when they almost took down prominent hedge fund Melvin Capital Management after glomming onto
Bill Ackman Sent a Text to the CEO of Mastercard. What Happened Next Is a Parable for ESG.
On a Saturday morning last December, Bill Ackman was scrolling through Twitter when an article in The New York Times caught his eye. “The Children
the rage of carson block
A year before Carson Block launched Muddy Waters Capital, his hedge fund firm, he started trying to line up a prime broker — an investment
THE MAN WHO ABANDONED VALUE – AND FOUND TESLA
Ten years ago, Arne Alsin quit trying to be, as he puts it, “normal.” Alsin, the founder of investment firm Worm Capital, had an abundance
The Dark Money Secretly Bankrolling Activist Short Sellers
John Fichthorn had been in the hedge fund business for more than 20 years when a half-hour phone call with a stranger put him on
Michelle Celarier 