ClaimsBill Ackman

“Principally, we missed the opportunity to trim or sell outright certain positions that approached our estimate of intrinsic value.”

Bill Ackman, Pershing Square head, in 2015 year-end letter 28 January 2016 Bill Ackman to world: Not my fault (Fortune) archived copy

Factual Their own work or organisation

Pershing Square missed the opportunity in 2015 to trim or sell certain positions that approached its estimate of intrinsic value.

Own records only Only the person's or their organisation's own records speak to it, so it is not scored.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Said for an organisation they lead or work for; it counts on both records.

Reasoning

Depends on the firm's internal estimates of intrinsic value and its own trading decisions.

Cite this claim

Bill Ackman, “Pershing Square missed the opportunity in 2015 to trim or sell certain positions that approached its estimate of intrinsic value.” (said 28 January 2016). Verdict: own records only. Reliability API, claim c_ba764cf1b4cf, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_ba764cf1b4cf

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Bill Ackman, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Bill Ackman

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    PSUS holds a portfolio of Pershing Square's best ideas and trades at an 18% discount to cash.

  2. Mostly true Factual 12 August 2026
    “This lower return reflects the 35% discount to NAV at which PSH's stock currently trades.”

    PSH's stock currently trades at a 35% discount to NAV.

  3. Resolved true Factual 12 August 2026
    “We recently made new investments in Visa (V), Mastercard (MA), Netflix, S&P Global, Intercontinental Exchange, and Alcon (ALC), companies we have closely followed for years.”

    Pershing Square recently made new investments in Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange and Alcon.

  4. Resolved true Factual 10 March 2026
    “Streetwise is now available for sale. Please see my review below.”

    Streetwise is now available for sale as of 2026-03-10.

  5. Mixed Factual August 2024
    “Our new independent directors include long-term investors in PSH and the Pershing Square funds as well as new investors in the management company.”

    PSCM's new independent directors include long-term investors in PSH and the Pershing Square funds as well as new investors in the management company.

All of them

Verdicts are made automatically; how verdicts are made.