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Alanis M
Posted: 19 February 2025 10:52:53(UTC)
#667

Joined: 26/02/2018(UTC)
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Perhaps we can stick to the subject? I think that FT article is nonsense given Bill clearly wants to guard his HHH holding (see below), he wants to be nimble / have a permanent pool of capital, ans he and other PSers own 28% or so of PSH.

On HHH, he has revised his proposed transaction. There is a presentation at 9am EST via his X/Twitter page, which will be on demand after....
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3 users thanked Alanis M for this post.
Raj K on 19/02/2025(UTC), Big boy on 19/02/2025(UTC), Auric on 20/02/2025(UTC)
Big boy
Posted: 19 February 2025 11:16:47(UTC)
#659

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John Bran;334975 wrote:
Big boy;333976 wrote:
[quote=Raj K;333973][quote=Big boy;333971]
Raj K

I am trying to be helpful but appreciate I can try to hard to explain how the skills of a good FM. can add value. Enjoy your evening and have many happy investing days ahead.


Another lie you talk down to other posters because you consider yourself more important and more knowledgeable which clearly your not.
Buy investment trusts on a discount sell before they go to par. Wow how clever are you?



Please grow up and if you wish to make a contribution please try and talk with some sort of knowledge. I don’t know what your issues and problems are but I genuinely wish you well.

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1 user thanked Big boy for this post.
Guest on 19/02/2025(UTC)
Raj K
Posted: 19 February 2025 11:50:04(UTC)
#668

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FT article - strange, how will SABA win any vote when insiders own 28% of the shares...

That with the strong SP performance, who will want a quick gain when they can be part of a long term compunding vehicle or 2) want to change the current investment strategy for a discount trading underperforming SABA mandate.

if SABA even tried to go after Ackman, i know who would win! its not the SABA WOLF
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1 user thanked Raj K for this post.
Newbie on 19/02/2025(UTC)
Big boy
Posted: 19 February 2025 12:11:03(UTC)
#669

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Raj K;334990 wrote:
FT article - strange, how will SABA win any vote when insiders own 28% of the shares...

That with the strong SP performance, who will want a quick gain when they can be part of a long term compunding vehicle or 2) want to change the current investment strategy for a discount trading underperforming SABA mandate.

if SABA even tried to go after Ackman, i know who would win! its not the SABA WOLF


I am not sure we should be worrying about any of this as we cant make any real judgement and both parties can clearly look after themselves and hopefully to our benefit as well.

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Guest on 19/02/2025(UTC)
John Bran
Posted: 19 February 2025 20:19:31(UTC)
#670

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Ackman busy elsewhere?

"Bill Ackman is betting $900 million he could become the next Warren Buffett by forging a ‘modern-day’ Berkshire Hathaway"

https://fortune.com/2025...y-howard-hughes-holding/
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Newbie on 19/02/2025(UTC)
John Bran
Posted: 19 February 2025 20:25:58(UTC)
#660

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Big boy;334988 wrote:
John Bran;334975 wrote:
Big boy;333976 wrote:
[quote=Raj K;333973][quote=Big boy;333971]
Raj K

I am trying to be helpful but appreciate I can try to hard to explain how the skills of a good FM. can add value. Enjoy your evening and have many happy investing days ahead.


Another lie you talk down to other posters because you consider yourself more important and more knowledgeable which clearly your not.
Buy investment trusts on a discount sell before they go to par. Wow how clever are you?



Please grow up and if you wish to make a contribution please try and talk with some sort of knowledge. I don’t know what your issues and problems are but I genuinely wish you well.



My problem is your a prick a jumped up nobody. Whose only aim in life is to belittle anything anyone else says.
Your not superior to me or anyone else on here. No doubt your just a fat slug, the office tea boy and not the vastly superior fund manager you constantly brag about.
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Newbie
Posted: 19 February 2025 20:30:04(UTC)
#671

Joined: 31/01/2012(UTC)
Posts: 3,816
John Bran;335056 wrote:
Ackman busy elsewhere?

"Bill Ackman is betting $900 million he could become the next Warren Buffett by forging a ‘modern-day’ Berkshire Hathaway"

https://fortune.com/2025...y-howard-hughes-holding/

Great - now for me to top on the recent position I started - CoStar (CSGP)
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Raj K
Posted: 20 February 2025 10:05:29(UTC)
#672

Joined: 22/04/2016(UTC)
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I watched the Ackman HHH presentation on X

For me all these Ackman deals seem complicaed but maybe that just the way these types of things happen. He spent quite a bit of time justfying the 1.5% management fee for HHH leveraging the Pershing Square Capital Managements Resource.

Im just wondering if there is value in buying HHH directly as exposure to PSH strategy (given that HHH may be undervalued) in smaller private business. After all thats what i think they are going to do when/if HHH becomes a holding company? HAve the real estate operation as one subsidary but buy other companies too?
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2 users thanked Raj K for this post.
Sheerman on 20/02/2025(UTC), Auric on 20/02/2025(UTC)
ravedeath
Posted: 27 February 2025 10:40:43(UTC)
#673

Joined: 10/01/2024(UTC)
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Just added online through HL!
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3 users thanked ravedeath for this post.
Sheerman on 27/02/2025(UTC), Jay P on 27/02/2025(UTC), Guest on 27/02/2025(UTC)
Big boy
Posted: 27 February 2025 11:25:46(UTC)
#674

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Raj …not sure I would want to buy HHH direct when I can buy exposure at a discount and more importantly
they will be buying and selling ahead of us.

Having been the other side I worry about Mr&Mrs Cherrypicker.

Remember if and when you buy they could be selling.

Many in the past have dragged investors in and got out on their backs.

Just increased PSH to overweight as shares moved to cheaper with discount widening again.

I prefer to keep investment simple and never try to be too clever.
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