Bill Ackman investing in Howard Hughes Holdings to create diversified holding company, mirroring Buffett's model.

From Yahoo Finance: 2025-05-05 14:59:00

Bill Ackman aims to be this generation’s Warren Buffett but stops short of claiming to be the next Buffett. Ackman’s Pershing Square will invest $900 million in Howard Hughes Holdings, owning 46.7% and appointing Ackman as executive chairman. The plan is to transform Howard Hughes into a diversified holding company, mirroring Buffett’s model. Buffett plans to step down as CEO of Berkshire Hathaway in 2025. Ackman differs from Buffett in valuations, being willing to pay more for faster-growth companies.



Read more at Yahoo Finance: Bill Ackman on his move to recreate Warren Buffett’s Berkshire Hathaway