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Re: Bill Ackman / Pershing Square

PostPosted: Fri May 20, 2016 6:10 pm
by winston
The Smart Money: Bill Ackman

Source: Wikimedia (Modified)
Play to Focus On: Valeant Pharmaceuticals

And finally we get to fellow activist investor Bill Ackman, who has had a rough go of it lately. 2015 was a horrendous year for Ackman, and it really hasn’t gotten much better. After a banner 2014, Ackman’s hedge fund has lost nearly half its value.

A lot of this is due to the spectacular blow up of his largest holding, Valeant Pharmaceuticals (VRX). A year ago, Ackman had about 26% of his long portfolio in Valeant.

Today, despite owning more shares, that position makes up about 6% of Valeant’s portfolio. That’s because Valeant is down an almost unbelievable 85% over the past year.

Ackman’s Pershing Square upped its holdings in Valeant by about 30% in the first quarter, and the new shares are already down more than 60%.

Ouch.

Bill Ackman will get his groove back … eventually. He’s made some bone headed investment moves in the past but has always come back stronger. If you believe in Ackman as a money manager, then shares of beaten-down Valeant would be a decent bet. Just learn from Ackman’s mistakes and remember to keep your position sizes reasonable.

Source: Investor Place

Re: Bill Ackman (Pershing Square)

PostPosted: Sun Apr 12, 2020 7:55 am
by winston
not vested

A World-Class Fund at a Steep Discount

You can also buy into Pershing Square Holdings Ltd. (OTC:PSHZF) managed by Bill Ackman.

Mr. Ackman came in the coronavirus sell-off with hedges in place that netted more than $2 billion for the fund.

He has been busy deploying the cash, buying beaten-down stocks like Hilton Worldwide Holdings Inc. (NYSE:HLT) and Starbucks at bargain prices.

Mr. Ackman has become active on Twitter Inc. (NYSE:TWTR) of late, recently tweeting that he thinks things are going to better than expected.

He wrote, “Massive stimulus is being injected globally to backfill the economy and bridge us through the crisis. Most corporations, banks, and consumers entered the crisis reasonably well capitalized. Rates are extremely low. There is no housing or commercial real estate overhang.”

The fund is listed in London but can be purchased over-the-counter (OTC) at a steep discount to the net asset value.

The NAV at the end of March was $27.72, and the shares currently trade at just $18.35 in the U.S. over-the-counter markets.

Pershing Square has been buying back its stock because of the deeply discounted valuation and we should be buying right along with them.

Source: Daily Trade Alert

Re: Bill Ackman (Pershing Square)

PostPosted: Thu Nov 12, 2020 10:01 am
by behappyalways
Billionaire investor Bill Ackman is hedging the pandemic again after raking in $2.6 billion from a similar bet in the spring
https://www.google.com/amp/s/markets.bu ... 1029791140

Re: Bill Ackman (Pershing Square)

PostPosted: Sun Feb 28, 2021 6:51 pm
by behappyalways
Famous Hedge Fund Manager Bill Ackman Makes Bet Interest Rates Will Pop Speculative Asset Bubble

Hedge fund manager Bill Ackman is betting that a surprise interest-rate rise would pop the speculative stock market bubble.

“We will see a spike in inflation as early as the middle of the year”.

“In order to justify the high price of high-flying tech companies, you need to have enormous continued growth and eventually have them generate profits,” Ackman said.

“The current level of interest rates mean that investors are willing to wait a long time for companies to generate lots of money. A move (higher) in interest rates is a big threat to growth companies.”


Source: The Moguldom Nation

https://www.google.com/amp/s/moguldom.c ... ubble/amp/

Grab

PostPosted: Thu Aug 26, 2021 10:31 am
by behappyalways
Pershing Square SPAC Makes New 52 Weeks Lows, Falls Below $20 IPO Price For First Time
https://www.zerohedge.com/markets/persh ... first-time

Re: Bill Ackman (Pershing Square PSHZF)

PostPosted: Tue Nov 23, 2021 10:37 am
by behappyalways
Bill Ackman Says We're In A "Classic Bubble" That's "Fueled By The Fed"
https://www.zerohedge.com/markets/bill- ... fueled-fed

Re: Bill Ackman (Pershing Square PSHZF)

PostPosted: Fri Apr 22, 2022 8:59 pm
by behappyalways
Bill Ackman Dumps Entire Netflix Stake, Loses $430 Million In 4 Months
https://www.zerohedge.com/markets/bill- ... n-4-months

Re: Bill Ackman (Pershing Square PSHZF)

PostPosted: Mon Aug 01, 2022 8:58 am
by winston
Bill Ackman Sees Chance of Inflation Slipping to 2% If Rates Hiked to 4%

Billionaire hedge fund manager Bill Ackman predicted inflation to go south very soon, but not to the level of 2% unless the U.S. Federal Reserve would keep raising interest rates to 4% or higher for an extended period.

Related News: 'Dr. Doom' Nouriel Roubini: US Facing Deep Recession

Source: AAStocks Financial News

Re: Bill Ackman (Pershing Square PSHZF)

PostPosted: Fri Mar 24, 2023 5:49 pm
by winston
Bill Ackman warns US economy headed for 'train wreck' after latest Fed rate hike

by Megan Henney

"When combined with the higher cost of debt and deposits due to rising rates, consider what the impact will be on lending rates and our economy," Ackman said.

"The longer this banking crisis is allowed to continue, the greater the damage to smaller banks and their ability to access low-cost capital."


Source: Fox Business

https://finance.yahoo.com/news/bill-ack ... 07410.html

Re: Bill Ackman (Pershing Square PSHZF)

PostPosted: Wed May 24, 2023 6:39 pm
by winston
Bill Ackman’s Fund Sells at Huge Discount to Asset Value

By Andrew Bary

Investor Bill Ackman has generated strong performance in recent years but his main investment vehicle, Pershing Square Holdings PSH –2.21% is languishing at a deep discount of 37% to its asset value.

Source: Barron's

https://www.barrons.com/articles/bill-a ... eid=yhoof2