My Life as a Pig
The pig butchering operation on LXEH shown by the share price and volume on March 21st, 2024 The scam is called "pig butchering," and for a little while this past winter, I was set up to be a pig. I'll cut to the end first, and then explain: In the end, I was not butchered, not this time, anyway. But I saw it happen to others in real time. How My Experience Began Around January 16th, I saw an ad on Facebook. In it was a picture of Bill Ackman and his wife, and a caption describing some investment club that Ackman was heading up. Ackman is not only a fabulously wealthy hedge fund manager, he's also very active on X, where his very public efforts helped bring down the presidents of both the University of Pennsylvania and Harvard University last fall. While I wasn't terribly fond of his tactics in those efforts, I respected his results with Pershing Capital well enough and figured this might just be the sort of thing he'd do. Anyway, I figured I had nothing to ...