Bill Ackman: Overall, Stocks Are Pretty Cheap

Pershing Square investor also discusses Mondelez, Canadian Pacific Railway and his Herbalife short

Sep 11, 2015

Bill Ackman (Trades, Portfolio), founder and frequently activist investor of Pershing Square, talked with CNBC about his current take on stocks, why he likes Mondelez (MDLZ, Financial) and the state of his campaign against Herbalife (HLF, Financial), which he is shorting. He also talks about his involvement in Canadian Pacific Railway (CP), joined by the CEO of the company, Hunter Harrison.

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