Category: Bill Ackman

Bill Ackman: Success is Not A Straight Line Up

In the 2025 UBS Berkshire Hathaway Fireside Chat, Bill Ackman and Ryan Israel from Pershing Square Capital discuss investment philosophy, market volatility, the impact of tariffs and geopolitics, and lessons from Warren Buffett.

The conversation covers how to identify durable, high-quality businesses, the importance of long-term thinking, and the evolving landscape for activist investing. Ackman shares personal reflections on resilience, mentorship, and the role of free speech, while both speakers provide practical advice for young investors and fund managers.

Bill Ackman: 2025 Annual Investor Presentation

In his 2025 Annual Investor Presentation, Bill Ackman provides his view on Pershing Square Holdings (PSH) strategic roadmap. Bill also shares his in depth thoughts on the portfolio and key business developments in the companies he owns such as Nike, Brookfield and Uber.

Bill Ackman: 2024 Interim Letter to Shareholders

In his Pershing Square 2024 Interim Report, Bill Ackman discusses the current stock market environment, noting that a significant portion of market capitalization is now held by permanent owners such as index funds.

Bill Ackman: Invest with peace of mind

Bill Ackman explains that we need to accept that high volatility is natural and that we should therefore develop a more hardened approach to investing.

Bill Ackman: 2024 Investor presentation

In his annual presentation to shareholders, Bill Ackman gives an overview of the fund, the investment strategy and the companies in the portfolio.

Bill Ackman: 2022 letter to shareholders

Pershing Square Holding’s annual report has now been published, including Bill Ackman’s letter to shareholders. It discusses 2022 in review, specific investments and topics such as AI and the impact of geopolitical changes.