Stock prices have plummeted this year and billionaire investor Bill Ackman thinks now is a good time to send more capital into the stock markets. With that statement, he also unveiled his strategy and 2 stocks that will prosper for many years to come.
Bill Ackman
Bill Ackman is an American billionaire investor and hedge fund manager. He is also the founder and CEO of Pershing Square Capital Management, a hedge fund management company.
Ackman said in one of his interviews that he has hardly changed his strategy at all even in this challenging environment. He said he and his fund own the exact same things they owned before.
Bill Ackman:
Look, it's much easier to make money in the stock market in a rising stock market environment, and if you know rates, a falling interest rate environment is generally an environment where asset prices are rising, and so a rising tide lifts all the surrounding boats. We're in a rising interest rate environment right now, so it's obviously more challenging. And…
Please!! note that this is not financial advice Every investment must go through a thorough analysis....
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