‘Still Pretty Cheap’: Billionaire Bill Ackman’s Firm Actively Deploying Capital Despite Fresh Stock Market Highs

Billionaire hedge fund manager Bill Ackman thinks quality stocks are still cheap even though the market recently printed fresh all-time highs. In a new CNBC interview, the founder and CEO of Pershing Square Capital Management says his firm recently raised $5 billion and is actively deploying that capital, with about 35% already deployed. “Interestingly, despite […] The post ‘Still Pretty Cheap’: Billionaire Bill Ackman’s Firm Actively Deploying Capital Despite Fresh Stock Market Highs appeared first on The Daily Hodl.