Billionaire investor Bill Ackman has a flair for the dramatic and often makes bold moves. This year has been no exception. Ackman made about $1.7 billion from a bet on higher interest rates and incurr...
Tag: Pershing Square Holdings
Ackman’s Closed-End Fund Trades at a Steep Discount. Maybe It’s the High Fees.
Investor Bill Ackman recently highlighted market-beating 17% annualized returns generated by his Pershing Square Capital Management since 2004. But many investors in Ackman’s largest investment vehicl...