Ep. 452: Engineering the Fundamentals with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Definition of Fundamental News
Ackman warned Pearson, quote, I don't think you're handling this correctly and the company is at risk of getting into a death spiral as a result. He's been telling the management team, here's what you need to do and call the New York Stock Exchange. Now time has marched on and now the New York Times has got an op-ed out that says Valiant is essentially Enron. Ackman then writes, would Mike said that you were running out of time on the call? He was right and that the company is run out of time to save itself.
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