The old adage that you win some and you lose some couldn't be truer when it comes to activist investor and Pershing Square Capital Management LP head Bill Ackman. As Ackman becomes ever more engrossed in an activist battle with payroll and outsourcing services company Automatic Data Processing Inc (ADP) - Get Automatic Data Processing, Inc. Report , take a look at some of Ackman's biggest bets. While the results varied, his stakes in Valeant (VRX) , Chipotle (CMG) - Get Chipotle Mexican Grill, Inc. Report , J.C. Penney (JCP) - Get J. C. Penney Company, Inc. Report and Mondelez (MDLZ) - Get Mondelez International, Inc. Class A Report always made good headlines.
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