Billionaire Investor Bill Ackman Owns Just 6 Stocks
Billionaire investor Bill Ackman first rose to fame during the housing crisis that sparked the Great Recession when he shorted shares of Municipal Bond Insurance Association and purchased credit default swaps against the company's debt.
Since then, Ackman and his fund Pershing Square Capital Management have had other victories, including getting the fast food chain Wendy's to spin off Tim Horton's, and some epic battles with the dietary supplement and marketing company Herbalife.
Since Pershing's founding in 2004, the fund has generated annualized returns of 17%. Today, Pershing owns just six stocks. Let's take a look.
Source Fool.com
