A $1,000 Investment With Bill Ackman in 2004 Would Be Worth Over $25,000 Today. Here's the Strategy Behind His Two-Decade Track Record.
You may not be able to copy Ackman's activist playbook, but the principles behind his two-decade track record are available to any investor.
Overview
A $1,000 stake in Bill Ackman's hedge fund, Pershing Square Capital Management, at its 2004 launch would have been worth roughly $26,000 as of August 2026, according to Pershing Square's own fund disclosures. That's about 15.6% a year for nearly 23 years.
Compare that to the roughly 11% a year for the S&P 500 (SNPINDEX: ^GSPC) over the same stretch.
An average gap of nearly 5% every year over that stretch makes a massive difference in the end. Take a look at just how different your results would be based on where you put your $1,000.
Details
Source
Originally published at www.fool.com.
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