One hour presentation on Finance and Investing for the beginner

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We all want to be financially stable and enjoy a well-funded retirement, and we don’t want to throw out our hard earned money on poor investments. But most of us don’t know the first thing about finance and investing. Acclaimed value investor William Ackman teaches you what it takes to finance and grow a successful business and how to make sound investments that will grant you to a cash-comfy retirement.

Big Think

William Ackman is the Founder and CEO of Pershing Square Capital Management LP, as well as a Director at Canadian Pacific Railway. Ackman is a hedge fund manager and philanthropist.

http://en.wikipedia.org/wiki/Bill_Ackman

In 2004, with $54 million in funding from his personal funds and from his former business partner Leucadia National, Ackman started Pershing Square Capital Management. In 2005, Pershing bought a significant share in the fast food chain Wendy’s International and successfully pressured it to sell its Tim Hortons doughnut chain. Wendy’s spun off Tim Hortons through an IPO in 2006 and raised $670 million for Wendy’s investors. After Ackman sold his shares at a substantial profit after a dispute over executive succession, the stock price collapsed, raising criticism that the sale of Wendy’s fastest-growing unit left the company in a weaker market position. Ackman blamed the poor performance on their new CEO.

In December 2007 his funds owned a 10% stake in Target Corporation, valued at $4.2 billion[13] through the purchase of stock and derivatives. In December 2010, his funds held a 38% stake in Borders Group and on December 6, 2010, Ackman indicated he would finance a buyout of Barnes & Noble for US$900M. He also won a shareholder proxy battle for Canadian Pacific Railway. Ackman is known to occasionally hire people outside of traditional finance backgrounds, for instance, his professionals have included a former fly fishing guide, a former tennis pro and a man whom he met in a cab.

White Cloud Mountain is a Managed Forex Trading Fund for Private Investors: http://www.WhiteCloudMountain.com