LIVE: Bill Ackman Is About To Take The Stage At The Sohn Investment Conference

Reuters/ Lucas JacksonActivist investor Bill Ackman, who runs $12 billion Pershing Square Capital Management, is taking the stage at the Sohn Investment Conference. 

What will he talk about? 

Ackman has been in the news lately for his Herbalife short.  He has publicly called the nutrition supplement seller a “pyramid scheme.”

His pershing square is shorting more than 20 million shares of Herbalife with a price target of $0. 

He has also been in the news for his disastrous JCPenney investment.  Ackman, who is the retailer’s biggest shareholder and a board member, has taken a bath on the stock so far.  

Last year at Sohn, Ackman pitched going long JCPenney.  The stock has fallen about 35% since then.  

Refresh this page for updates. 

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.