Fannie Mae-No Politics (FNMA)

[Sogo]

Reminds us: Ackmans's stake's only $400m/$14.5B.

He invested about $400 million in the GSEs' shares. But his whole portfolio is about $14.45B. So the GSEs represent only 2.77% of his entire portfolio. He could EASILY cope with losing 100% of his GSE shares if that ever happened for whatever reason. It just reminds us regular people how important risk management is, and that politically contentious tickers like these are not the best place to necessarily put one's life's savings.