EconomyMarkets

Ackman confident portfolio can keep delivering strong returns: letter By Reuters


BOSTON (Reuters) – Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns and that he expects Berkshire Hathaway Inc (N:) stock to help boost gains.

“We believe that Berkshire’s share price is likely to increase substantially over the coming years,” Ackman wrote in a letter to clients one day after announcing in a filing that he had bought roughly $700 million worth of Berkshire stock.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link

Show More
Refurbished Computers Starting As Low As $129 At RefurBees.com

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close