From None.: 2024-04-27 07:15:00

Bill Ackman’s hedge fund, Pershing Square Capital, only holds eight stocks from seven companies, including Chipotle Mexican Grill and Alphabet. Despite lack of diversification, Ackman’s value investing strategy has been successful. However, his portfolio lacks artificial intelligence exposure, with no investment in Nvidia, which doesn’t align with his simple and predictable business rule.
Investors may question why Ackman doesn’t invest in Nvidia, considering its dominance and strong fundamentals. Ackman’s core rule of simplicity and predictability guides his investing decisions, which is why he doesn’t venture into growth investing. While Nvidia breaks some of his preferences, its lack of predictability in sales trajectory is a key reason it doesn’t fit his investment style.
The Motley Fool Stock Advisor team doesn’t recommend investing in Nvidia at the moment, as it wasn’t among their top 10 stock picks. Stock Advisor offers guidance on building a successful portfolio and has significantly outperformed the S&P 500 since 2002. Suzanne Frey, an executive at Alphabet, sits on The Motley Fool’s board, and the company has positions in Alphabet and Nvidia.



Read more at None.: Billionaire Bill Ackman Owns 8 Stocks — and This Hypergrowth Artificial Intelligence (AI) Stock Isn’t One of Them