(Bloomberg) I’ll say this for Mick McGuire, Activist Investor™: The man knows how to make a buck. As 2017 winds down, his hedge fund, Marcato Capital Management LP, is up around 24 percent, five percentage points better than the S&P 500 index. To put it another way, the 41-year old Bill Ackman protege is doing what hedge-fund guys are always striving for, but so often fall to accomplish: He’s “creating alpha.”
This Hedge-Fund Activist Might Be Better Off Passive
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