For beginner aspiring investors like me that are chasing long-term success, understanding economic moats is essential. As I read more about Warren Buffett and his ways of finding great investments, Buffett kept on mentioning the word “moat”. As of 2012, Buffett had referenced the term “moat” more than 20 times in Berkshire Hathaway’s shareholder letters … Read more
Bill Ackman is a renowned hedge fund manager and the founder of Pershing Square Capital Management, a firm managing over $12.9 billion in assets since its inception in 2004. His impressive portfolio includes household names such as Brookfield, Hilton, Chipotle, Restaurant Brands, Howard Hughes, Nike, Canadian Pacific, Alphabet, Seaport, and his most recent investment, Uber. … Read more
Activist investor Bill Ackman has recently secured a stake exceeding $2.3 billion in ride-hailing leader Uber, taking advantage of what he described as a “massively discounted” entry point. Ackman made the announcement after Uber reported Q4 earnings that fell short of expectations. Despite the disappointing quarterly performance, he underscored the transformative potential of autonomous vehicles—a … Read more
Between June 2024 and September 2024, billionaire investor Bill Ackman made significant moves with his hedge fund, Pershing Square Capital Management, by increasing his stake in shoe maker Nike (NYSE: NKE) fivefold. Ackman first invested in Nike in Q4 2017 but quickly exited his position in Q1 2018. In a notable turnaround, he returned in … Read more
Recently, I’ve been following Warren Buffett’s investments, and one of his latest moves caught everyone’s attention: Occidental Petroleum (NYSE: OXY). Warren Buffett and His Love For Occidental Petroleum Occidental Petroleum is a US-based oil and gas producer with a market cap of $43.77 billion at the current share price of $46.65. It currently represents 4.62% … Read more