Bill Ackman: Top 10 Holdings, New Buys, Sold Out Positions

Johnny HopkinsBill Ackman, Portfolio ManagementLeave a Comment

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time here at The Acquirer’s Multiple digging through these 13F-HR documents … Read More

Bill Ackman: 11 Books That Every Investor Should Read

Johnny HopkinsBill Ackman, Investing Books1 Comment

We recently started a series called – Superinvestors: Books That Every Investor Should Read. So far we’ve provided book recommendations from: Charles Munger: 32 Books That Every Investor Should Read Seth Klarman: 32 Books That Every Investor Should Read Warren Buffett: 35 Books That Every Investor Should Read Together with our own recommended reading list of: 50 Of The Best … Read More

Bill Ackman: How To Identify Great Businesses For Investment

Johnny HopkinsBill AckmanLeave a Comment

Here’s a great interview by Advisor Perspectives with Bill Ackman. During the interview Ackman discusses his investment strategy, how to define a great business, how to construct a portfolio, the importance of an active approach to investing, and why maintaining a high public profile is important in the execution of his strategy. He also provides some insights into why Warren … Read More

HBS – Activist Investors: The Untold Story

Johnny HopkinsBill Ackman, Carl IcahnLeave a Comment

Here’s a great article at the The Harbus. The Harbus is the independent, non-profit news organization of Harvard Business School. The article provides some great arguments against the perception that all activist investors are short term focused, aggressive, and meddlers. Here’s an excerpt from that article: Ask many HBS students about the perception of activist investors as perpetuated by the required curriculum … Read More

Bill Ackman – Try To Invest In Businesses Where It’s Very Hard To Lose Money

Johnny HopkinsBill AckmanLeave a Comment

One of the investors we watch closely here at The Acquirer’s Multiple is Bill Ackman. In 2015 Ackman did a great interview with The Graham & Doddsville Newsletter in which he discusses how to find great businesses to invest in, why he prefers to be concentrated, and the importance of converting GAAP earnings into owner earnings, or economic earnings when … Read More

Bill Ackman – How To Apologize to Your Shareholders 101

Johnny HopkinsBill AckmanLeave a Comment

One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Bill Ackman. Ackman is the Founder and CEO of Pershing Square Capital Management, L.P. From 1993 to 2003, Ackman was the co-investment manager of Gotham LP, Gotham III LP and Gotham Partners International. One of the best resources for investors are the Pershing Square shareholder letters. One of … Read More