Keep pulling the thread on Bill Ackman.
Pershing Square has generated an average 19% return on equity annually for the last 22 years.
Pershing Square's permanent capital vehicles have generated a 24.9% annualized return over the last eight years.
Bill Ackman predicts that Pershing Square will eventually rival the size of alternative asset managers like Blackstone and Apollo.
Pershing Square is building its version of a "modern-day Berkshire Hathaway" through its portfolio company, Howard Hughes Holdings.
Howard Hughes Holdings has signed an agreement to acquire Vantage Holdings, with the deal expected to close within approximately 60 days.
Pershing Square plans to deploy the $5 billion raised in its recent IPO within weeks.
Bill Ackman believes large-cap technology companies like Uber and Meta are currently very cheap stocks.
Bill Ackman believes that valuation multiples for some of the world's best businesses reached an all-time bottom approximately two weeks prior to his statement.
Pershing Square's growth model is based on compounding existing assets, unlike alternative asset managers such as KKR, which primarily grow by raising new funds.
Following its IPO, Pershing Square will have between $25 billion and $26 billion in fee-paying assets under management.
Bill Ackman believes Iran's military capability has been significantly degraded and that the current conflict involving the country will be resolved.
Bill Ackman predicts the Federal Reserve will be able to reduce interest rates in the near future.