Billionaire Bill Ackman Just Poured $2.2 Billion Into These 2 Incredible Stocks
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Bill Ackman is happy to buy stocks when he believes they're on sale, and he holds them until their prices reflect what he believes are their true values. That could be a few months or it could be a decade. For example, Ackman established a position in Chipotle Mexican Grill more than eight years ago, and it has grown to become one of the largest positions in the portfolio of his hedge fund, Pershing Square.Over the last two quarters, Ackman has built two new significant positions for Pershing Square -- Nike (NYSE: NKE) and Brookfield (NYSE: BN) -- piling an estimated $2.2 billion into those stocks during the third quarter alone. Here's why.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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