Wednesday, 14 September 2011

Ackman Bets Hong Kong Dollar to Appreciate

William Ackman, founder of hedge fund Pershing Square Capital Management LP, said he’s placed a wager that would profit if Hong Kong allows its currency to appreciate against the dollar. Ackman is buying call options on the Hong Kong dollar as a way to make his wager because the options are inexpensive, he said. Call options give investors the right to buy a security at a set price by a specific date. (Bloomberg)


William A. Ackman or commonly known as Bill Ackman (born 11 May 1966, New York) is the major investor, founder and CEO of hedge fund Pershing Square Capital Management
(wiki)

Chinese 4 Pillar Astrology on Ackman's natal chart
Year-丙(火) 午(火) yang fire-yin fire
Month-癸(水) 巳(火) yin water-yang fire
Day -庚(金) 午(火) yang gold-yin fire

His 2004-2014 10-yr Trend大運 is 丁(火) 酉(金 ) yin fire-yin metal

2011 Sep is 丁(火) 酉(金 ) yin fire-yin metal month
2011 Oct is 戊(土) 戌(土 ) yang earth -yang earth month

Bu Oct --his born-day 庚(金)yang gold which is equvalent to 申(金)yang gold and his 10-yr Trend 酉(金 )yin metal will try to inconjunct with 戌(土 )yang earth month

On the other hand his born-year and born- day 午(火)yin fire will also try to trine with 戌(土 )yang earth month

Such chaos might put his bet in a less favourable position

By 2012 it will be a 壬(水)辰土 yang water -yin soil year The 2012 壬(水)辰土 yang water -yin soil will be in synastry with his 10-yr trend 丁(火) 酉(金 ) yin fire-yin metal month. His 10-yr trend 大運 nature will be distorted

Porky's wild guess is Ackman's Bets might not lead to great profits

Time will tell

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