Anonymous
How much money did this person lose?
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Nicholas Beh
28 Nov 2020
Student Ambassador 2020/21 at Seedly
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$100k, bet on single stock
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Just go and find those institutions that short against tesla. LOL... probably billions....
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Bill Ackman famously lost around $1 billion ($1,000,000,000) in his multi-year-long short against Herbalife. It was big news back then as he feuded with Herbalife investor Carl Icahn live on CNBC...
Eventually Carl Icahn emerged as the big winner, earning close to what Ackman had lost.