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 potential upside does Mr. Ackman see in Fannie Mae and Freddie Mac?

What changes has Mr. Ackman made to his investment strategy recently?