Thanks for this I bought FNMC after Ackman's New Year tweet but hadn't appreciated how much exposure PSH has to both stocks, also worth noting one of PSH's largest holdings, UMG had a great day yesterday up over 5% on Spotify deal
Acker is not going to spend a great deal of time and effort on such presentations unless it is financially worthwhile for him to do so, hence OB is right, again.
The Howard Hughes news seems to be quite significant to this trust. Any chance you can take a closer look at its effect please? https://citywire.com/wealth-manager/news/pershing-square-invests-900m-in-howard-hughes-as-ackman-chases-berkshire-dream/a2465133
Thanks for this I bought FNMC after Ackman's New Year tweet but hadn't appreciated how much exposure PSH has to both stocks, also worth noting one of PSH's largest holdings, UMG had a great day yesterday up over 5% on Spotify deal
Also a broker put a 36 price target on Umg and they announced plans to list in the US
Acker is not going to spend a great deal of time and effort on such presentations unless it is financially worthwhile for him to do so, hence OB is right, again.
OB, enjoy the break.
Really interesting article thanks. And enjoy your well-deserved break.