Those who can, do; those who can’t, teach.
That is exactly my point. If we look at big succesful investors after they have become big and renowned, the extraordinary returns turn into...
Ackman and Icahn are indeed partly activist investors. But I still believe it is valid and meaningful to compare their returns with that of the...
Icahn is one of the most succesful investors in history with a net worth of USD 18 billion. Based on the publicly available information over the...
I give you point for trying ;-) However, the 10% is pretty much in line with the long term average performance of the S&P 500.
Yes, if you are a fund of funds pension fund manager, you cannot just argue to park the equity investment in SPY. That would ultimately cost you...
No, but I believe Ackman has around 6 (13F) positions. I believe he has typically had very few positions, so likely Sharpe ratio would make the...
My hope was that for a very few select individuals, past performance would be at the margin slightly indicative of their ability to beat S&P 500...
If I pay someone to manage my money, it matters to me what return he delivers. It may sound crazy, but yes that is how I look at investments.
Annualised returns including dividends 02/10/2015 (starting point on Bloomberg) - 04/06/2023: Pershing Square Holdings (PSHZF): 4.32% SPY: 10.76%...
07/23/1987 - 04/06/2023 Total annualised return including dividends according to Bloomberg. Icahn Enterprises L.P. (IEP): 9.98% S&P 500 index:...
I assume the management fee is the same in Pershing square holdings? I can see it is listed in London and Amsterdam, but not in the US? Do you...
I agree in general. However, I will credit Bill Ackman for not doing that.
From ChatGPT 4: "Historically, Pershing Square has charged a 20% performance fee, which is a common rate among hedge funds. This performance fee...
Subject: To identify all public companies with primary focus on AI and/or robotics. Please focus on this subject and leave anything else related...
"If we go ahead on this everyone will die, including children who did not choose this and did not do anything wrong."...
Revolut is great. You just do not hold more than USD 100,000 at a time with Revolut. Nobody probably does that, so they are not exposed to the...
Do EUR CDs exist? Apparently not at IB: "IBKR offers only brokered U.S. Certificates of Deposits (CDs) which are listed for trading on a...
I would appear longs also longed for an exit ;-)
Maybe an irrational stock price increase may happen, when short sellers now will exit their positions? I am not talking USD 5, but maybe USD 2...
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