Replies to post #592507 on Fannie Mae-No Politics (FNMA)

[10bambam]

It is a good idea based on your risk tolerance among other factors. Ackman has prefs as a hedge. Many other millionaires trust him with their money. I think he is paid 1.5% annual management fee. That is higher than the norm of 1%. I seriously doubt that one can become a billionaire without being highly intelligent and a better than proficient investor.
Go FnF!