· 2d · on MSN
Bill Ackman Says Warren Buffett Is Too Conservative on Investments, Berkshire Will Be Run Better When He’s Gone
· 2d · on MSN
Bill Ackman calls Warren Buffet’s investment strategy too conservative
Bill Ackman Predicts Strong Future for Berkshire Hathaway After Warren Buffett Steps Down
Hedge fund manager Bill Ackman has expressed optimism about the future of Berkshire Hathaway BRK following the Warren Buffett era.
Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 a share — up from $85 a share.
Bill Ackman proposes to increase his stake in Howard Hughes to 48%. He wants to turn HHH into a modern-day Berkshire Hathaway.
In a post prior to the announcement, Ackman likened his firm's move to the approach Warren Buffett has used with Berkshire ( BRK-A, BRK-B) in which Buffett turned a textile manufacturer into a holding company that owns stakes in many publicly traded equities including Apple ( AAPL) and Bank of America ( BAC ).
Bill Ackman, head of hedge fund Pershing Square Capital Management, said he'll announce a transformational deal on Tuesday, akin to Warren Buffett gaining control of Berkshire Hathaway (BRK.B) (BRK.A),
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