{"id":70584,"date":"2019-08-19T03:22:30","date_gmt":"2019-08-19T07:22:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=70584"},"modified":"2019-08-21T00:55:58","modified_gmt":"2019-08-21T04:55:58","slug":"billionaire-bill-ackman-explains-why-he-invested-11-of-his-fund-in-berkshire-hathaway","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2019\/billionaire-bill-ackman-explains-why-he-invested-11-of-his-fund-in-berkshire-hathaway.html","title":{"rendered":"Billionaire Bill Ackman Explains Why he Invested 11% of his Fund in Berkshire Hathaway"},"content":{"rendered":"<p>\n(Forbes) Hedge fund billionaire Bill Ackman of Pershing Square Capital Management is riding high after a multiyear stretch of trouble.A publicly traded vehicle that houses the vast majority of his fund\u2019s assets is up 48% net of fees as of August 13, about triple the return of the S&#038;P 500 Index. Big turnaround investments in Chipotle Mexican Grill and Starbucks are trouncing the market in 2019.<\/p>\n<p><a href=\"https:\/\/www.forbes.com\/sites\/antoinegara\/2019\/08\/16\/bill-ackman-pershing-square-berkshire-hathaway\/#7047a45f3bef\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Forbes) Hedge fund billionaire Bill Ackman of Pershing Square Capital Management is riding high after a multiyear stretch of trouble.A publicly traded vehicle that houses the vast majority of his fund\u2019s assets is up 48% net of fees as of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-70584","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=70584"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70584\/revisions"}],"predecessor-version":[{"id":70585,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70584\/revisions\/70585"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=70584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=70584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=70584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}