Berkshire Hathaway’s cash pile is growing, and the reserves don’t look like they will be deployed anytime soon. Warren Buffett has been consistent with his investing philosophy, and this is frustrating to some. Buoyed by fleeting success, some Buffett...
Billionaire trader Bill Ackman revealed that Pershing Square sold its entire stake in Warren Buffett’s Berkshire Hathaway. Buffett has had a terrible year, and Ackman’s move is yet another sign that the veteran tycoon may be well past his...
Bill Ackman intensified the panic on Wall Street in March while quietly collecting on his bet that the stock market would crash. Now he’s done an about-face to juice his own investments. Ackman’s abrupt pivot has raised suspicions about...
“Hell is coming.” Billionaire Wall Street hedge fund manager Bill Ackman made $2.75 billion betting against markets in February. Then he went on CNBC to stoke markets’ coronavirus fears. He gave a hell, fire and brimstone declamation that drove...