(Forbes) Hedge fund billionaire Bill Ackman of Pershing Square Capital Management is riding high after a multiyear stretch of trouble.A publicly traded vehicle that houses the vast majority of his fund’s assets is up 48% net of fees as of August 13, about triple the return of the S&P 500 Index. Big turnaround investments in Chipotle Mexican Grill and Starbucks are trouncing the market in 2019.
Billionaire Bill Ackman Explains Why he Invested 11% of his Fund in Berkshire Hathaway
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