Bill Ackman, the hedge fund billionaire who triggered a market plunge on Wednesday. The billionaire investor had a nightmare about COVID-19 in late January, which might as well have been the plot of the pandemic thriller Contagion. After the interview, Forbes has learned Ackman called Blackstone and said he’s buying the firm’s shares. Many commended President Trump for talking about the gravity of the pandemic earlier in March, even though it was the catalyst for a sudden market drop. However, others saw a panicked billionaire investor talking down the market and inciting fear.
Source: Forbes March 18, 2020 19:01 UTC