Bill Ackman, a prominent investor and hedge fund manager, has expressed his ambition to build a modern-day equivalent of Warren Buffett’s successful investment firm, Berkshire Hathaway.
Ackman’s vision involves creating a conglomerate that combines various business interests under one umbrella. The goal is to create a diversified portfolio with a mix of established companies and emerging startups.
This ambitious plan mirrors Berkshire Hathaway’s approach, which has been successful in investing in various sectors such as retail, aerospace, and insurance.
With his modern-day Berkshire Hathaway, Ackman aims to replicate the success of Buffett’s investment strategy, focusing on long-term value creation and strategic partnerships.
Source: https://www.ft.com/content/40541f99-d8d9-4c98-a8a7-9a7fe253023d