Pershing Square Q3 Investor Letter

Insider Monkey published Pershing Square's third quarter investor letter. Pershing Square's Q3 investor letter shows that Bill Ackman's hedge fund returned more than 500% since the beginning of 2004 and Ackman retained more than 200 percentage points of that return. So Bill Ackman's investors quadrupled their money over the past 8 years.

It is an interesting investor letter detailing Pershing Square's investments in U.S. stocks.