Ackman Still Unprofitable On Herbalife As Chicago Protesters Greet His First Church Sermon

Most hedge fund managers put on their trades and let the market do most of the work. Quantitative managers are the best at this “set it and forget it” trade management method. But not the true activist investor, who works a trade and talks his book well after the position is established. I realized Monday night when oddly sitting in a working class Latino church on Chicago’s South West side. Some might call this an “adventuresome” if not gang frequented neighborhood, not your typical setting to find a superstar hedge fund manager to be .wandering. Bill Ackman listens to Middle…