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Herbalife Ltd. (HLF): Why Is Seth Klarman Bullish On This Cheap Value Stock Now?
Hedge fund giant Ackman stated that the closure of Hindenburg is a significant loss: "Shorting is really difficult."
After Hindenburg Research announced its closure, USA hedge fund mogul Bill Ackman praised the well-known short-selling institution for its contributions to the Capital Markets and highlighted the key role the company played in exposing corporate misconduct during its 7 years of Operation. On Wednesday evening local time, Hindenburg Research founder Nate Anderson announced that the company would soon be closing. In a letter posted on the company's website, Anderson wrote: "Nothing was specific - no particular threats, no health problems, and no significant personal issues. This intensity and focus comes at the cost of missing out on other parts of the world and people I care about."
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