Ackman Said to Reveal $900 Million Stake in Starbucks

The transcript discusses Bill Ackman's investment in Starbucks, highlighting his positive outlook on the company and its management. Unlike his usual critical approach, Ackman praises Starbucks and sees potential for growth. The transcript also touches on Ackman's past interactions with Mike Gorman and his decision to reduce public statements to focus on investment rationale.

What was the market's reaction to Bill Ackman's investment in Starbucks?

• The stock price increased.

• The stock price was unaffected.

• The stock price decreased significantly.

• The stock price remained unchanged.

How does Bill Ackman view the new management at Starbucks?

• He is complimentary and supportive.

• He is indifferent to their actions.

• He believes they need to be replaced.

• He is critical of their performance.

What growth does Ackman expect for Starbucks' EPS in the next four years?

• 25%

• 19%

• 30%

• 10%

What was the nature of Ackman's past interaction with JCPenney's leadership?

• It was a friendly partnership.

• It was an acrimonious conflict.

• It was a neutral business relationship.

• It was a harmonious collaboration.

What change did Ackman make regarding his public statements?

• He planned to make more controversial statements.

• He decided to focus more on the rationale of investments.

• He chose to stop making public statements altogether.

• He decided to increase his public appearances.