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Latergater

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Latergater

Re: JosephS post# 481142

Wednesday, 11/14/2018 1:23:53 PM

Wednesday, November 14, 2018 1:23:53 PM

Post# of 798516
Yes, a few months ago, Ackman realized that it was way to risky being 100% common so he added pfd shares to hedge his bet. See below.

Ackman adds to preferred bets on GSEs - SA $FNMA $FMCC Pershing Square says its preferred investment in Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) now amounts to 21% of its total investment in the two GSEs.
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