Reported 12 months ago
Billionaire Bill Ackman of Pershing Square Capital Management has nearly 20% of his portfolio invested in tech giant Alphabet, a company he views as one of the world's greatest businesses. Ackman's strategy, influenced by Warren Buffett, focuses on making concentrated bets in high-quality businesses. He believes that Alphabet's strong financial position, dominance in the global search industry, AI leadership, and growth potential in cloud computing make it an attractive investment despite the current valuation.
Source: YAHOO