Bill Ackman Long Fortune Brands (In-Depth Notes & Presentation From Value Investing Congress)

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Bill Ackman Long Fortune Brands (In-Depth Notes & Presentation From Value Investing Congress)

sunday link-fest will resume October 30th. However two must read books that I have on my short-list; Michael Lewis’ newest book, Boomerang, and a new book about Steve Jobs’ Steve Jobs (release date: Oct 24th, 2011).

Bill Ackman is the Managing Member and Portfolio Manager of Pershing Square Capital Management, L.P., a concentrated research-intensive fundamental value oriented long short hedge fund. Pershing Square has ~$14billion under management and has produced , Bill Ackman’s short of MBIA is the topic of Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street’s Bluff, by Christine Richard. I am currently reading the book and highly recommend it to investors of all levels.

Pershing Square has played an active role in creating value at companies including McDonald’s, Ceridian Corporation, Longs Drugs, Wendy’s International, and General Growth Properties.

Prior to forming Pershing Square, Bill Ackman co-founded Gotham Partners, L.P., a public and private equity investment partnership. Prior to Gotham Partners, Mr. Ackman began his career in real estate investment banking at Ackman Brothers & Singer, Inc. Mr. Ackman received an MBA from the Harvard Business School and a Bachelor of Arts magna cum laude from Harvard College.

Mr. Ackman’s board memberships include the Board of Dean’s Advisors of the Harvard Business School and a number of not-for-profit boards including the Pershing Square Foundation, a charitable foundation that he founded in 2007.

Notes here-https://www.valuewalk.com/value-investing-congress-2/bill-ackman-youll-hear/

Full presentation in Scribd:

Ackman-ValueInvestingCongress-101811//

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