Ackman's Pershing Square Starts 2019 With 25% Returns

The transcript discusses Mr. Ackman's investment performance, highlighting an uneven year with a slight negative return. Key gains were made in companies like Chipotle and restaurant brands. Ackman's strategies include share repurchase and dividend creation to attract investors. Future moves may focus on housing finance reform, with potential new investments discussed at an upcoming summit. The company has reduced headcount and made new investments, with positive performance noted in Hilton Worldwide and United Technologies.

What was the overall return for Mr. Ackman's investments last year?

• 5% positive

• 2% negative

• 0.7% negative

• 10.8% positive

Which company was the best performer in Mr. Ackman's portfolio?

• Chipotle Mexican Grill

• Restaurant Brands

• ADP

• United Technologies

What is the purpose of introducing a dividend in Pershing Square?

• To expand into new markets

• To reduce company debt

• To attract dividend-focused investors

• To increase stock price

What is Mr. Ackman's view on housing finance reform?

• He sees no potential in it

• He believes it has tremendous upside

• He is neutral about it

• He plans to divest from it

How has Mr. Ackman's approach to media changed recently?

• He has become more media-centric

• He has maintained the same media presence

• He has stepped back from the media spotlight

• He has increased media appearances