Billionaire Bill Ackman Has 47% of His Hedge Fund's $12.8 Billion Portfolio Invested in Just 3 Stocks

Bill Ackman is one of the best-known billionaires in the world of investing. As manager of his Pershing Square Capital hedge fund, he invests heavily in a handful of his best ideas.Specifically, he's looking for companies whose stocks are mispriced relative to the long-term value of the company. He occasionally uses his influence to unlock that value, either through convincing other investors or putting pressure on a company's board to make some changes.As part of his strategy, Ackman keeps a very concentrated portfolio. In fact, nearly half of Pershing Square's $12.7 billion equity portfolio is tied up in just three companies' stocks. They represent some of his best investment ideas right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool