The Latest Breaking News from Pershing Square

Billionaire Bill Ackman Says Netflix Told Him 'We're Never Going to Do It' on Ads, Then Announced an Ad Model 'Literally 3 Weeks' Later Costing Him $400 Million

Ackman was caught off guard when Netflix told him it wouldn't pursue an ad-supported model, only to launch one a few weeks later.

Barchart · Oct 21

Bill Ackman Loves This Dividend Stock, But You Should Give It a Pass

Bill Ackman's Pershing Square has held shares of Restaurant Brands International for over a decade. QSR stock has a healthy dividend yield of 3.4% but does not look like a compelling buy.

Barchart · Aug 20

Warren Buffett Disciple Seth Klarman Bets on Cruise Lines, Auto Parts, Amazon and Bill Ackman in Q2

Seth Klarman is known for following a value-stock investing mentality , a style made famous by Warren Buffett. With value in mind, here are the changes made to the Baupost Group hedge fund in the second quarter.

Benzinga · Aug 18

Bill Ackman Is Fixing His Blunder by Buying Netflix. You Should Buy NFLX Stock Too.

Bill Ackman's Pershing Square Holdings has taken a stake in Netflix after having previously exited the streamer in 2022. You, too, should add NFLX stock given its tepid valuation.

Barchart · Aug 14

Bill Ackman's Loads Up on 6 New Stocks: Pershing Square Portfolio Now Targets 20% EPS Growth

Bill Ackman revamps Pershing Square's portfolio, adding six stocks like Netflix and Visa, aiming for durable earnings growth amid economic challenges.

International Business Times UK · Aug 14

Before becoming a billionaire investor, Bill Ackman’s journey began with a $14,000 Harvard sales job and a book linked to Warren Buffett

Bill Ackman’s investment career can be traced back to a surprisingly modest beginning: a college sales job that earned him $14,000. While studying at Harvard, Ackman sold advertising for the student-produced Let’s Go travel guides on commission, discovering that he had a knack for turning sales into serious money. The…

The Times of India · Aug 14

Bill Ackman Lost $400 Million on NFLX Stock in 2022 — Now He’s Back With a 3.15M-Share Bet, Saying Netflix Has ‘Won the Streaming Wars’ (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga · Aug 13

Bill Ackman Says President Trump Has Done 'Very, Very Good Things': Trump Accounts Among His Favorites

Bill Ackman backed Donald Trump in 2024. Nearly two years into Trump’s second term, the Pershing Square (NYSE:PS) CEO may not agree with everything the president does, but he’s still bullish—particularly on Trump Accounts.

Benzinga · Aug 11

How a book that inspired Warren Buffett and a $14,000 side hustle helped billionaire Bill Ackman get started as an investor

Pershing Square Capital Management CEO Bill Ackman says he was inspired to become an investor after working at his dad’s real estate company.

Fortune · Aug 11

Even receptionists & janitors 'own millions in stock' at this US billionaire’s hedge fund

Pershing Square Capital Management stands out for its remarkable employee benefits, with Bill Ackman saying that everyone from receptionists to custodial staff owns a significant amount of company stock. This inclusive approach highlights the value the firm places on every team member. The firm also offers a distinctive summer work…

The Economic Times · Aug 10