The Greatest Trade Ever Made | Bill Ackman #billackman #stocks #trading

Bill Ackman is an American investor who decided to use the pandemic to make a bet that would make him billions.

Bill in March of 2020 went on MSNBC Live to discuss his thoughts on the crisis. He indicated that “Hell was coming” and the pandemic would destroy the revenues of companies like Hilton Hotels through lockdowns. Bill indicated that many companies could even go to zero.

However, little did everyone know. Bill actually placed a reverse bet on those companies crashing due to the pandemic.

Watching the interview, investors were terrified and many sold out of their shares. Only later to realize. Every stock they sold would help Bill make billions. After a few weeks, Bill walked away neary 100 times his money, while the average investor walked away with little to nothing.