Hedge fund manager Bill Ackman believes that World War III “likely started already,” after Russia invaded Ukraine in late February.
The billionaire posted a statement on his Twitter account related to his warning of war last Saturday, writing: “In January 2020, I had nightmares about the potential for a pandemic, but everyone seemed to think I was crazy. I am having similar nightmares now.”
In January 2020, I had nightmares about the potential for a pandemic, but everyone seemed to think I was crazy. I am having similar nightmares now. WWIII has likely started already, but we have been slow to recognize it. Putin has invaded Ukraine and it is not going well
— Bill Ackman (@BillAckman) March 6, 2022
The CEO of Pershing Square Capital is known for his timely predictions. In the first months of 2020, when much of the world outside of China was not particularly concerned about the coronavirus, Ackman publicly called for a national lockdown and stated that “hell is coming” during an interview with CNBC.
His company then made billions after betting against the market while countless others faced an extremely difficult financial period during the pandemic.