For Ackman’s Pershing Square, a Record of Big Hits and Misses

Pershing Square Capital’s William Ackman has had some successes in recent years, but also some big flops, with Netflix being the latest example. Bryan Bedder/Getty Images for The New York Times ...

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...