For those who care what Bill Ackman has been thinking and doing lately, aside from colluding with and piggybacking on desperate for M&A [2]"strategics" to go activist, and buying a boatload of calls in advance of announcing a material, market-moving position and in the process generating a 43.4% YTD return while the SEC sits on its hands doing nothing and proving once again the market is a rigged playground catering to billionaires, here is his full Q3 letter.
