Shareholder Letter·2023

Pershing Square: Activist Investing and Corporate Governance

Bill Ackman·Pershing Square Capital Management

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Document Details

Author

Bill Ackman

Institution

Pershing Square Capital Management

Year

2023

Topic

Capital Allocation Frameworks

Source Type

Shareholder Letter

Abstract

Bill Ackman's framework for activist investing, arguing that concentrated positions and active engagement with management can unlock significant value for all shareholders.

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