Bill Ackman Says He Has A 'Patriotic' Short Bet And The Country Will Be Better Off When The Company Goes Bust

Dealbook’s Michael de la Merced just Tweeted the following after Bill Ackman’s appearance on CNBC’s “Squawk Box” this morning. 

Yesterday at the Value Investing Congress, Ackman, the founder of Pershing Square Capital Management, acknowledged that he has a new short position in his portfolio, but he said he isn’t ready to make it public. 

Any guesses as to what it might be? 

Twitter Michael de la Merced

Photo: Twitter.com/m_delamerced

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.