Tuesday, July 17, 2012

Howard Davidowitz: Bill Ackman Should Stop Trying to Run Companies

Howard Davidowitz is one of the most entertaining guys on TYV and he doesn't disappoint here:

"I think it is crazy and when Bill Ackman attempted this in Target he got decimated"

"I give [him] full credit for [his] brain power and ability to recognize value, but you cannot mix that up with running a business."

"[J.C.] Penney is in the process of … destroying itself and Bill Ackman is actively involved, decimating one of America's greatest and oldest department stores"

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