Bill Ackman Is Betting Vivek Ramaswamy Is Just Getting Started

In Bill Ackman’s view, Vivek Ramaswamy is simply misunderstood.

The hedge fund billionaire is convinced that the novice politician vying to be the Republican presidential candidate will rival Florida Governor Ron DeSantis and eventually challenge Donald Trump, but thinks he needs to clear up a couple of things first.

How will Ramaswamy — a biotech investor — end the war in Ukraine, and what does his assertion that “the climate change agenda is a hoax” really mean?

“These sound bites from last night are being misunderstood and weoponized by some against him,” Ackman — who increasingly opines on ...