“Bill Ackman Makes $2.5 Billion ‘Recovery Bet’…”
March 24, 2020
“Activist investor Bill Ackman said he has made a “recovery bet” on the economy, investing $2.5 billion in equities, including upping his positions in several of his portfolio companies and reinvesting in others like Starbucks Corp…
Ackman said his hedge fund has used the proceeds to reinvest over the past 10 to 12 days in several of his portfolio companies, including Lowe’s Cos., Hilton Worldwide Holdings Inc. and Warren Buffett’s Berkshire Hathaway Inc…”
https://finance.yahoo.com/news/bill-ackman-makes-2-5-181343209.html