Bill Ackman @BillAckman

An excellent summary of our $FNMA $FMCC presentation. https://t.co/S6t6V6V1UA

@KenNuttallFP @HindenburgRes @NateHindenburg We used to short stocks on occasion. A few over the first dozen years of the firm then we retired from the short selling world after HLF.

Please use this link for our Fannie Freddie PowerPoint slides: https://t.co/lZkBqzpcgL

Please use this link for our Fannie Freddie PowerPoint slides: https://t.co/lZkBqzpcgL

Please use this link for tomorrow's Fannie Freddie Presentation at 9:00am EST: https://t.co/TSrSLkfEWX

To clarify today's $UMG press release posted below, Pershing Square exercised its registration rights in UMG in order to catalyze a U.S. listing of the company. Our reg rights agreement requires that Pershing Square sell $500 million of UMG shares (of its current $3.3 billion investment in the company) in connection with the U.S. listing, a sale we will complete in order for the listing to occur. We exercised our right to cause UMG to list in the U.S. because we believe it will substantially increase demand for (and the valuation of) UMG shares from investors who by mandate are limited to investing in securities listed on U.S. exchanges, and likely attract additional analyst coverage for the company. We also believe the U.S. listing will greatly improve trading liquidity for the shares. We waived the 120-day filing requirement and extended the date to mid-September in order for UMG to have an appropriate amount of time to complete the listing and offering in a manner best for the company and its shareholders. We remain excited about UMG's long-term growth prospects and opportunities for shareholder value creation.

@inversedruck No. HHH will pursue private and control transactions in the public markets. Our other funds purchase minority stakes in large and mega cap public companies, and don't invest in private companies.

Yesterday, we announced a potential transaction with Howard Hughes Holdings ($HHH) and Pershing Square Holdco, L.P. (“ManagementCo”) – the alternative asset manager of the Pershing Square Funds. Because the formal name of ManagementCo shares a very similar name to our offshore

@5149jamesli My point was that if an insurer is not willing to take the risk to insure your home, your home and potentially life is in danger. The transaction we announced today is unrelated. We started working on it in August. Howard Hughes does not have assets in California and has no

RT @BillAckman: The first Bloomberg headline is incorrect. Pershing Square Holdco is not merging with $HHH, a newly formed subsidiary is. T…

RT @BillAckman: @AsymmetricWins We like $HHH for the long term which is why I and other Pershing Square team members are personally, via ou…

I should not have suggested that our lawyers are at fault for the delay in our $HHH 13D. Our lawyers at Sullivan & Cromwell are superb, the best of the best. The delay is due either to the printer whose job it is to file the document with the @SECGov or the SEC itself.

@AndreuOrell They will get a reduction in management fees equal to the fees we collect on the $HHH shares PSH retains so they are not charged duplicative fees.

@AsymmetricWins We like $HHH for the long term which is why I and other Pershing Square team members are personally, via our 90% ownership of Pershing Square Holdco, investing $900 million more in HHH at $85 per share. We may sell some of PSH’s shares to strategic investors, but we think the

@AsymmetricWins We like $HHH for the long term which is why I and other Pershing Square team members are personally investing $900 million more in HHH at $85 per share. We may sell some of PSH’s shares to strategic investors, but we think the big opportunity is over the long term with the change

The first Bloomberg headline is incorrect. Pershing Square Holdco is not merging with $HHH, a newly formed subsidiary is. That is simply the technical way we are implementing the transaction. In plain English,the Transaction is more easily understood as a purchase by Pershing

The lawyers have been a bit slow so my apologies to Howard Hughes Holdings $HHH shareholders and employees for the delay. But thanks to @X, I don’t need the lawyers to distribute our proposal letter. Here you go: https://t.co/8CNvYMdo7L I welcome your feedback.

For those who follow, work for, and/or own stock in Howard Hughes Holdings $HHH, and/or are simply interested in investments and the capital markets, I encourage you to watch out for our amended HHH Schedule 13D that we will file with the @SECGov at 6am Eastern, tomorrow morning.

For those attending our Spaces next week on Fannie and Freddie $FNMA $FMCC, please send us your questions in advance and we will answer them during the presentation. Thereafter, we will have open Q&A for questions that we did not get in advance. Please reply to this post with

A must watch for Fannie Freddie followers. Craig Phillips, just hired by Freddie to handle ‘regulatory and conservatorship affairs,’ on how the government has been more than fully repaid on its investment in the senior preferred. https://t.co/rVekjfRpYm

RT @DavidABurstein: Fannie Mae $FNMA and Freddie Mack $FMCC are getting privatized. In my opinion, the rubicon has been crossed and this is…

RT @DoNotLose: HUGE! Freddie Mac just hired the guy who put together the Trump recap and release plan: https://t.co/CioK78I65o context: ht…

RT @SwipeWright: Ken Hale, a retired Cal Fire battalion chief who was chief investigator for Nevada County v. PG&E, explained in a 2019 art…

RT @drewcapitalmgt: $FNMA In his last term, President Donald Trump was trying to release Fannie and Freddie from conservatorship.  “My Admi…

RT @JoshRosner: Ending the conservatorships of Fannie Mae & Freddie Mac will provide an opportunity for @DOGE to reduce non-core staffing a…