Ackman is one of most well-known investors in the US, and one of the loudest. He has more than a million followers on X and isn’t afraid to argue with any of them. But his active social media feed and his fundraising seem to be at odds. Today on the show, Rob Armstrong and James Fontanella-Khan dissect the remains of Ackman’s cancelled IPO. Also we go short Italy and long hypocrisy. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at [email protected] and Katie Martin at [email protected] a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.