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Bill Ackman buys stake in 'mentor' Buffett's Berkshire Hathaway
short by Krishna Veera Vanamali / on 15 Aug 2019,Thursday
US activist investor Bill Ackman's $8-billion fund, Pershing Square, has taken a stake in Warren Buffett's Berkshire Hathaway. Pershing held 3.51 million of Berkshire's Class B shares as of June 30, a stake currently valued at about $686 million. Ackman has publicly credited his "mentor" Buffett with guiding his career and said he has taken pointers from Buffett's investor letters.
short by Krishna Veera Vanamali / 04:55 pm on 15 Aug
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