Bill Ackman is one of the smartest billionaire investors of his time.
He’s a Harvard grad (which explains his deep connections on Wall Street) and the founder of Pershing Square Capital, a leading hedge fund worth around $7.8 billion.
But more importantly, Bill Ackman is the guy who turned $27 million into $2.6 billion in one trade.
Madness.
And I bring this up because, as optimistic as Bill Ackman is, I wasn’t surprised when he finally expressed concerns about the economic impact of the Fed’s monetary tightening.
As higher interest rates, mortgage rates, and borrowing costs impact the economy, Ackman has said he’s shorting 30-year Treasury bills to hedge against his concerns.
Since laying out his rationale for shorting long-term U.S. bonds, 30-year Treasury yields are up about 34 basis points and grazed the highest level in 12 years. Unsurprisingly, Ackman has taken to X (formerly Twitter) to double down on his earlier call. Folks who took exception to his rationale have been humbled by the moves of recent weeks.
And while you don’t have to take the risky but highly profitable road of shorting U.S. bonds like the Jewish billionaire, the moral is you can’t fold your arms while inflation cuts through your savings and diminishes the value of your 401(k) and portfolio.
Maybe you’ve figured it out already, but if not…
See how we achieve our daily income goals in this high inflationary environment.
Author: Anthony Speciale
Anthony Speciale Jr. Born and raised into a blue collar family in the suburbs of Northern New Jersey, I have in recent years put down the wrenches I’ve been turning for the better part of my entire life and have become a professional energy trader. My mother was a nurse practitioner and my father was an auto mechanic. I had literally watched both of my parents work endless hours with their hands throughout their entire lives and after loosing my mother at a young age to cancer, I had decided I wanted a different future than the path I was currently on. At a young age I was a struggling student who didn’t excel very well academically and college wasn’t really in the cards for me, but I was always a disciplined worker. When I had put my mind to something, there was nothing that was going to stop me from reaching and exceeding my goals I had set for myself. So, as life had evolved, so did my desire for freedom. It was never much about the money for me, but it was about the success and the freedom that accompanied that success. Over a decade ago, I decided to specialize in just one sector of the market. I knew that I only needed to be proficient at just one area of the market to achieve the goal I had set forth. Trade passively while producing massively. Well, that’s exactly what I did. After several years of failed attempts, endless education, trial and error - I had finally yielded myself the success and freedom I was desiring. After making myself over $1,000,000.00 trading this very method, it was time to share my success with those who also desire the freedom I did. After a lot of work, time, effort and sacrifice - Big Energy Profits went from merely a concept into a very real reality.