The average investor can learn a lot by following some of the professionals in the industry. Take Bill Ackman, whose strategy — probably influenced by the great Warren Buffett — focuses on making concentrated bets in high-quality businesses trading at compelling valuations. Ackman’s hedge fund firm, called Pershing Square Capital Management, currently manages $10.8 billion […]
If there’s one thing Wall Street doesn’t lack, it’s data. Between earnings season and monthly economic data releases, it can be easy for investors to get overwhelmed and miss something important. Roughly five weeks ago, during the heart of earnings season, what’s arguably the most important data release of the quarter occurred. I’m talking about […]
When Yida Gao returned to MIT in 2022, the former varsity pole vaulter and Phi Beta Kappa honoree had big shoes to fill. The prestigious university had asked him to teach a graduate course at the business school on crypto and finance, a position recently vacated by Securities and Exchange Commission chair Gary Gensler. Just […]
A dive inside the Pershing Square portfolio shows Bill Ackman making a highly concentrated bet on six stocks, with simple and straightforward businesses like hotels and restaurant chains such as Chipotle Mexican Grill (CMG) among the top holdings. X Only one of the six holdings is a technology stock — Google-parent Alphabet (GOOGL). Ackman, the […]
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Bill Ackman, the Wall Street agitator who’s become an armchair political crusader for the put-upon billionaire class, is cashing in on his social media clout in a deal that could make […]
Bill Ackman is one of the highest-profile billionaire investors today. When he puts money to work, the market pays attention. Right now, he’s betting $1.4 billion — roughly 13% of his entire portfolio — on a single stock. This stock is unknown by most, and misunderstood by many. It takes a little digging into, but […]
Donald Trump’s conviction on falsifying business records led to an immediate reaction from his stable of friendly billionaires. In the hours after the verdict, figures like Tesla (TSLA) CEO Elon Musk, investor David Sacks, and Pershing Square Capital CEO Bill Ackman all offered their support online. It’s just the latest example of billionaire supporters flocking […]
Pershing Square Capital Management CEO Bill Ackman is leaning to supporting Donald Trump. According to multiple reports, Ackman is considering a public announcement backing Trump. He would join a growing list of Wall Street titans that have lined up behind the former president. Billionaire investor Bill Ackman is considering endorsing former President Donald Trump, according […]
The stock market has gotten off to a red-hot start in 2024. The S&P 500 has risen 11%, and positive investor enthusiasm doesn’t appear to be slowing down. What I find encouraging is that these strong returns are spread out across many different sectors. One company that is performing particularly well is restaurant chain Chipotle […]
Bill Ackman is one of the world’s best-known investors and runs an extremely concentrated portfolio. In this video, Travis Hoium covers the small changes he made in the first quarter and where he has $10.8 billion invested today. *Stock prices used were end-of-day prices of May 18, 2024. The video was published on May 20, […]
Investors follow hedge fund managers because billionaires who manage money for other rich people are an obvious source of investing inspiration. Well-known billionaire Bill Ackman leads Pershing Square Capital, which manages $18.6 billion in assets. He’s a big fan of Chipotle Mexican Grill (NYSE: CMG), and it’s not hard to see why. Chipotle is a […]
One of the most interesting investors on Wall Street is Bill Ackman. Ackman is the CEO of Pershing Square Capital Management, a hedge fund primarily focused on technology and consumer businesses. What differentiates Ackman from other money managers is that his portfolio generally holds a small number of stocks as opposed to a large basket […]