Reported about 11 hours ago
Billionaire investor Bill Ackman has allocated 58% of his hedge fund, Pershing Square Capital Management, into just three major companies — Uber Technologies, Brookfield Corporation, and Alphabet. Ackman's strategy involves holding high-conviction positions for the long term, with Uber emerging as the largest investment due to its impressive growth metrics. Despite potential regulatory challenges, Alphabet's stock is seen as undervalued, while Brookfield is expected to experience significant earnings growth in the coming years.
Source: YAHOO