Ackman’s Billion-Dollar Bet: Following in Buffett’s Footsteps
Billionaire investor Bill Ackman is making a big move, mirroring the strategy of legendary investor Warren Buffett. His hedge fund, Pershing Square, just dropped nearly a billion dollars on a real estate company. A Major Investment in Howard Hughes Ackman’s firm purchased 9 million shares of Howard Hughes Holdings (HHH) for a whopping $900 million….
