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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (78755)12/19/2025 2:02:05 PM
From: Paul Senior  Read Replies (1) of 79147
 
HHH. Thanks for update. Stock down today, and I'll up my position a bit.

Setting aside the issue of what kind of a human being Ackman is, he's done good work with Pershing Square.
The knock on it/him is that the fees he charges and the profit he skims are Very large-- excessively greedy, detractors say. A positive - maybe - is that the net asset values are higher than the stock price, Maybe about 25% difference. (I haven't confirmed lately.) The underlying assets (stocks like Uber/Goog) have moved up, and so has Pershing stock. Ackman keeps buying back Pershing shares, but as he says, he's not able to reduce the spread.
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