Bill Ackman: Building A Modern Day Berkshire Hathaway | The Acquirer's Multiple®

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Bill Ackman: Building A Modern Day Berkshire Hathaway | The Acquirer's Multiple®

Howard Hughes Corporation has long been an outlier in Bill Ackman’s portfolio. Unlike his usual large-cap investments, HHC is an undervalued real estate business with long-term potential that public markets have struggled to appreciate. But for Ackman, this company isn’t just another real estate play—it’s the foundation of a much bigger vision. In 2008, during the financial crisis, General Growth Properties (GGP)—the second-largest U.S. mall own…