Pershing Square's Bill Ackman sat down with Stephanie Ruhle for an interview at Bloomberg Markets Most Influential Summit yesterday.
It's around a 30-minute talk but here's the broad takeaways from the interview:
- Still owns Valeant Pharmaceuticals (VRX), but hasn't added to the position or sold any shares
- Looked at General Electric (GE) but passed because it wasn't cheap enough; thinks Nelson Peltz will do well with it
- More to come with his Herbalife (HLF) saga
- Notes Burger King (part of Restaurant Brands (QSR)) has cut costs, improved stores/experience and same store sales are doing well
- Thinks Bloomberg should run for President
Embedded below is the video of Ackman's Bloomberg talk:
For more from this manager, head to Pershing Square's semi-annual report.
Wednesday, October 7, 2015
Bill Ackman's Talk at Bloomberg Markets Most Influential Summit
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