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Bill Ackman, CIO of Pershin Square Holdings, in his annual presentation to shareholders, gives a review of the fund, investment strategy and individual positions in the portfolio. See slide 23 for Ackman’s Core Principles, which contains much wisdom for any fundamental and long-term investor.
In addition, from slide 36 there is a review of the largest positions in the portfolio, among which are Universal Music Group, Alphabet and Chipotle Mexican Grill. Lots of inspiration for new purchases.
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