Key Points
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Bill Ackman’s unique investing strategy involves acquiring large stakes in just a few companies and holding them for the long term — defying conventional hedge fund wisdom.
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Ackman just acquired a significant stake in Netflix.
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He believes Netflix has “effectively won the streaming wars,” and the stock is trading at a discount.
When it comes to investing pedigree, Bill Ackman has earned his stripes. The well-known activist investor heads up Pershing Square Capital Management — the hedge fund he founded — with roughly $23 billion in assets under management. His hedge fund strategy is unique. He acquires sizeable stakes in just a few stocks and holds them for years. That approach has been remarkably successful. Pershing Square…
