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Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that tariffs will boost the value of its vehicles. The firm began buying shares late last year and now has “a 19.8% stake in the company comprised … Read more
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of … Read more
Before his most recent endorsement of Sahil Bloom’s new book The 5 Types of Wealth this year, billionaire hedge fund investor Bill Ackman had publicly recommended just one other on X: Dr. Peter Attia’s Outlive. Attia, a doctor and preventive health advocate, author, and longevity influencer, says there is an art and a science to … Read more
The hedge fund manager is waging his own money this time in a bid to build another financial behemoth that can rival the life’s work of Warren Buffett. Read More
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist investor Bill Ackman has taken a stake of more than $2.3bn in the ride-share company Uber, snapping up shares that he said were priced at a “massive discount”. Ackman announced the new stake after … Read more
The Pershing Square CEO said he’s admired the ridesharing giant since actor Edward Norton introduced him to the app in its early days. Read More
Bill Ackman, CEO of Pershing Square Capital Management, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman revealed Friday that he has built a significant stake in Uber, saying the stock is still trading at a “massive” discount. In a post on … Read more
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