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Bill Ackman, activist investor and hedge fund manager running the show over at Pershing Square Capital, is one of the brightest money managers to follow over time. Indeed, he’s made some applaud-worthy bets recently, especially in the face of the 2020 stock market crash.
As a value investor and one of the many disciples of Warren Buffett (the Oracle of Omaha), Ackman is a great role model for any beginning investor looking to do just a bit better than the market averages.
Recently, Ackman made headlines for his latest stock bets. Notably, he picked up shares of Canadian alternative asset manager Brookfield Corp. (TSX:BN), scooping up a position worth around US$285 million. This works out to just shy of seven million shares picked up in the first quarter alone. That’s a massive vote of confidence in a well-run Canadian company that I’ve previously pounded the table on for young TFSA investors…
