Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Bill Ackman Thanks Buffett For Pershing Square Turnaround
Hedge Funds

Bill Ackman Thanks Buffett For Pershing Square Turnaround

by finance.yahoo.com posted 4months ago 27 views
Activist investor Bill Ackman, the billionaire CEO of hedge fund Pershing Square Capital, is making a huge comeback — and he credits it to an insight he gleaned from years of studying his “mentor” Warren Buffett. After several years of underperformance, Pershing Square is up more than 40% year-to-date. Yet Ackman isn't actively raising capital, even after four years of the fund’s consecutive negative returns and significant investor redemptions. He may have the Oracle of Omaha to thank.

In this article