No one is more fond of impishly taunting his own investors with allusions to big mystery investments than Bill Ackman. The Ack-Man takes real glee in getting on an investor call and getting real flirty about giving over a big piece of his portfolio to something that he isn’t ready to get specific about just yet.
Whether it was the Hong Kong dollar or ADP or Berkshire Hathaway, Bill seemingly lives to keep all the normos guessing about the thing that only he can see. But in the last few years, that pleasure has seemed to wane a bit, replaced with something more urgent, more needy, more desperate. Now, thanks to the love magic that fuels his soul, Ackman is back to his coquetteish best, batting his eyes at what appears to be a pretty major mystery bet: