| Not checkable |
Not checkable |
1 Oct 2026 |
I know pretty much every CEO in the S&P 500, either directly or one person removed.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I was concerned about the country because I felt we needed to have basically a 2-week pause.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I think you underwrite a SpaceX the way you underwrite a venture capital investment.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
Bill Ackman can reach 2.2 million people with a single post.
Factual · 1 Oct 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
1 Oct 2026 |
I don’t think markets have changed as a result of anything that’s happened with me or follower growth on Twitter.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I would say I’m as activist as I’ve ever been, but more of it’s on Twitter than in the corporate context.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
We don’t have to hire another person, and we don’t have to spend another dollar on overhead.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I think it’s hard to do this because you need control of a public company and you have to be not in a get-rich-quick mindset.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
the probability of your being disrupted has gone up enormously.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
On that basis, stocks of really high-quality companies are really cheap.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
But he builds an army of believers and followers that enabled Tesla to be built.
Not checkable · 1 Oct 2026 |
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| Resolved true |
Factual |
1 Oct 2026 |
Howard Hughes was created out of the bankruptcy of General Growth as a spinoff of its other assets.
Factual · 1 Oct 2026 |
Economics and markets |
| Unresolvable |
Factual |
1 Oct 2026 |
In the interview, Bill Ackman said his high school yearbook epithet was "most verbose."
Factual · 1 Oct 2026 |
Other |
| Not researched |
Factual |
1 Oct 2026 |
Bill Ackman invested in xAI through a special purpose vehicle (SPV).
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
And it’s a company that owns these small cities.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
The company Bill Ackman refers to as "we" owns all the residential land in the development he is describing, alongside all the commercial land, and sells lots to homebuilders.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
the biggest change over time is an appreciation for the importance of what we call business quality— long-term, durable, protected…
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I would say every CEO in America today is like, how do I use AI? How does it apply to my business? How is it a threat?
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
you can build this enormously profitable, compounding, tax-efficient machine over time.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
Ben Graham said investors should regard a stock certificate as an interest in a business, not just a piece of paper.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
we can buy it at, whatever, $0.60 on the dollar.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
So super cool company, but the timeframe is decades as opposed to quarters.
Not checkable · 1 Oct 2026 |
|
| Mixed |
Factual |
1 Oct 2026 |
PSUS holds a portfolio of Pershing Square's best ideas and trades at an 18% discount to cash.
Factual · 1 Oct 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
1 Oct 2026 |
That is a change in markets.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
Speaking about the Irvine Company, Ackman said Don Bren probably created about $100 billion of personal wealth managing a small city.
Factual · 1 Oct 2026 |
Economics and markets |
| Unresolvable |
Factual |
1 Oct 2026 |
The vast majority of insurance companies focus only on the liability side of the balance sheet.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
I think those companies are really at risk.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I think a similar thing is happening today in a sense to Amazon and Meta. Microsoft.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
It’s a bit like the Irvine Company.
Not checkable · 1 Oct 2026 |
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| Resolved true |
Factual |
1 Oct 2026 |
General Growth emerged from Chapter 11 two years after Pershing Square's investment.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
Stocks just got crazy cheap, just incredibly cheap, of really high-quality companies, right?
Not checkable · 1 Oct 2026 |
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| Mostly true |
Factual |
1 Oct 2026 |
SpaceX is a near monopoly in low-cost space launch.
Factual · 1 Oct 2026 |
Economics and markets |
| Not researched |
Factual |
1 Oct 2026 |
At $63 a share, Howard Hughes stock trades at a discount to its liquidation value.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
What we’re doing is instead of reinvesting all the cash the business generates into real estate, we’re going to reinvest all the cash into…
Not checkable · 1 Oct 2026 |
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| Resolved true |
Factual |
1 Oct 2026 |
Howard Hughes Holdings has a market capitalisation of about $4 billion.
Factual · 1 Oct 2026 |
Economics and markets |
| Not researched |
Factual |
1 Oct 2026 |
Pershing Square's investment idea in Wendy's was to buy Wendy's, spin off Tim Hortons and double its money.
Factual · 1 Oct 2026 |
Economics and markets |
| Resolved true |
Factual |
1 Oct 2026 |
As of the interview, Pershing Square owns Microsoft, Meta and Amazon shares.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
I worry more about a Salesforce than I do about your kind of— I think you got to do the work.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
When Pershing Square joins a company's board, it is often the largest shareholder or the largest non-index-fund shareholder.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
A company has to earn a return in excess of its cost of capital in order for a stock to go up.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I think we’re still super, super early in terms of big companies using AI effectively.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
And 15 years later, we haven’t really created much value with it.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
Warren Buffett put 100% of the insurance float into short-term Treasuries.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
So I haven’t seen much success other than— I’ll give you the Pershing Square story.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
We’ve not taken advantage of this at all.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
Pershing Square bought about 27% of General Growth at a market capitalisation of $200 million.
Factual · 1 Oct 2026 |
Economics and markets |
| Not researched |
Factual |
1 Oct 2026 |
Ackman said that "we" own Summerlin, which he described as a small city of 26,000 acres of land that he linked to Las Vegas, including all of its commercial land.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
the most important and most challenging thing to do is determine what’s the risk of disruption?
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
But you don’t go work for an insurance company. So the insurance company’s ability to recruit investment talent is very limited.
Not checkable · 1 Oct 2026 |
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| Not researched |
Factual |
1 Oct 2026 |
Pershing Square now has a public vehicle that charges only a 2% fee.
Factual · 1 Oct 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
1 Oct 2026 |
It’s a royalty on the compounding of investments in these entities.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
Microsoft, when the average customer is paying, I don’t know, $50 a seat or some small number, that platform is worth a lot more and is…
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I think there are 3 ways you can invest with us that are all different and will achieve different things.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
The best investments are ones where you don’t need to join the board and do anything.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
They’re venture investments that do— what’s helpful is they’re not seed or Series A, right? They’re D or E, but they’re still like venture…
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
We got here by accident, right?
Not checkable · 1 Oct 2026 |
|
| Unresolvable |
Factual |
1 Oct 2026 |
Pershing Square's most successful equity investment ever was General Growth Properties, bought while the company was going bankrupt.
Factual · 1 Oct 2026 |
Economics and markets |
| Not researched |
Factual |
1 Oct 2026 |
Berkshire Hathaway under Buffett did not issue stock for a very long time.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
Howard Hughes is actually a really interesting company, but it’s a business that Wall Street has not cared about for a long period of time.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
Stocks are at an incredibly cheap valuation.
Not checkable · 1 Oct 2026 |
|
| Unresolvable |
Prediction |
1 Oct 2026 |
Ackman said he thinks "we" can build a really profitable insurance company, starting at a very small scale.
Prediction · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
So Wall Street’s never cared, it’s always traded at a huge discount.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
I would say on the hierarchy of things they worry about, it’s probably number one.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
It doesn’t have to be public.
Not checkable · 1 Oct 2026 |
|
| Not researched |
Factual |
1 Oct 2026 |
Warren Buffett started with a textile company, effectively liquidated it over time, reinvested in insurance and then invested the assets well.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
We’re going to build this into a compounding machine over the next 50 years.
Not checkable · 1 Oct 2026 |
|
| Not researched |
Factual |
1 Oct 2026 |
A company Ackman was discussing is making capital commitments that are massively in excess of its revenues.
Factual · 1 Oct 2026 |
Economics and markets |
| Resolved false |
Factual |
1 Oct 2026 |
Ackman estimated, with heavy hedging, that the average tenure of an S&P 500 CEO is probably about 3 to 4 years.
Factual · 1 Oct 2026 |
Economics and markets |
| Not researched |
Factual |
1 Oct 2026 |
Howard Hughes owns all the commercial land in its 26,000-acre Summerlin community.
Factual · 1 Oct 2026 |
Economics and markets |
| Not checkable |
Not checkable |
1 Oct 2026 |
And Elon’s done an amazing job keeping the cost of capital of his companies really low.
Not checkable · 1 Oct 2026 |
|
| Unresolvable |
Factual |
1 Oct 2026 |
Bill Ackman writes all his own posts and material himself.
Factual · 1 Oct 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
1 Oct 2026 |
I think the answer is exactly what you said.
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
And how can you do that when someone’s asking about the tax rate in the second quarter?
Not checkable · 1 Oct 2026 |
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| Not checkable |
Not checkable |
1 Oct 2026 |
So what we’re doing is we’re repurposing the real estate assets and we’re transforming the company into a much higher returning kind of…
Not checkable · 1 Oct 2026 |
|
| Mostly true |
Factual |
12 Aug 2026 |
ICE, founded in 2000 by Jeff Sprecher, is a leading global exchange operator and financial data provider built through 25 years of organic growth and acquisitions.
Factual · 12 Aug 2026 |
Economics and markets |
| Mostly true |
Factual |
12 Aug 2026 |
PSH's stock currently trades at a 35% discount to NAV.
Factual · 12 Aug 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
12 Aug 2026 |
Over time, high rates of earnings growth overwhelm the short-term impact of multiple compression.
Not checkable · 12 Aug 2026 |
|
| Not researched |
Factual |
12 Aug 2026 |
S&P Global's Platts is the leading provider of spot energy and commodity pricing benchmarks, used to price approximately 70% of waterborne crude globally.
Factual · 12 Aug 2026 |
Economics and markets |
| Not checkable |
Not checkable |
12 Aug 2026 |
We view Meta as one of the clearest beneficiaries of AI
Not checkable · 12 Aug 2026 |
|
| Unresolvable |
Prediction |
12 Aug 2026 |
Pershing Square's portfolio's higher EPS growth and lower valuation than the S&P 500 should increase the likelihood its performance exceeds the S&P 500 over the long term.
Prediction · 12 Aug 2026 |
Their own work or organisation |
| Unresolvable |
Prediction |
12 Aug 2026 |
The statement says "we believe" that neither of two concerns, the long-term impact of AI on ICE's two smaller segments and the competitive threat of perpetual futures to its Exchanges, is likely to impair ICE's earnings power or intrinsic value.
Prediction · 12 Aug 2026 |
Economics and markets |
| Not yet due |
Prediction |
12 Aug 2026 |
The FDA will likely approve Alcon's AURN001, with blockbuster potential beyond Alcon's commercial targets.
Prediction · 12 Aug 2026 |
Other |
| Not checkable |
Not checkable |
12 Aug 2026 |
We believe that the current trading prices of our portfolio companies in many cases reflect such a temporary unfavorable dislocation from…
Not checkable · 12 Aug 2026 |
|
| Unresolvable |
Prediction |
12 Aug 2026 |
If routing legislation were enacted, it would have a minimal impact on Visa and Mastercard.
Prediction · 12 Aug 2026 |
AI policy and governance |
| Not researched |
Factual |
12 Aug 2026 |
Pershing Square exited its investments in Universal Music Group and Alphabet during the six months ended June 30, 2026, and exited Hertz in July 2026.
Factual · 12 Aug 2026 |
Their own work or organisation |
| Unresolvable |
Promise |
12 Aug 2026 |
Pershing Square intends to begin an expanded marketing program for PSH to help narrow the NAV discount.
Promise · 12 Aug 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
12 Aug 2026 |
While investors are assigning a lower probability to a favorable resolution in the near-term, the per-share intrinsic values of Fannie and…
Not checkable · 12 Aug 2026 |
|
| Unresolvable |
Prediction |
12 Aug 2026 |
The statement expresses a belief that these tailwinds should enable Microsoft to sustain its high-teens historical earnings growth over the long term.
Prediction · 12 Aug 2026 |
Economics and markets |
| Unresolvable |
Factual |
12 Aug 2026 |
Over the last several quarters, revenue growth across all three of ICE's data subsegments has consistently accelerated.
Factual · 12 Aug 2026 |
Economics and markets |
| Unresolvable |
Prediction |
12 Aug 2026 |
S&P Global's future earnings growth will be almost exclusively determined by its benchmark businesses rather than Market Intelligence.
Prediction · 12 Aug 2026 |
Economics and markets |
| Not checkable |
Not checkable |
12 Aug 2026 |
We believe stablecoins represent an opportunity for the card networks rather than a threat.
Not checkable · 12 Aug 2026 |
|
| Not researched |
Factual |
12 Aug 2026 |
Measured by PSH's stock price return, Day One Investors have earned a 13.5% compounded return, an 18-times multiple of their original investment.
Factual · 12 Aug 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
12 Aug 2026 |
We have chosen to invest in businesses that have relatively high rates of EPS growth because, for among other reasons, the longer the…
Not checkable · 12 Aug 2026 |
|
| Not checkable |
Not checkable |
12 Aug 2026 |
We believe PSH is an excellent long-term investment when purchased at NAV.
Not checkable · 12 Aug 2026 |
|
| Unresolvable |
Factual |
12 Aug 2026 |
QSR trades at 17 times earnings, a material discount to peers and to the speaker's view of intrinsic value.
Factual · 12 Aug 2026 |
Economics and markets |
| Unresolvable |
Prediction |
12 Aug 2026 |
The quote states an expectation that Alcon's operating margin, described as currently 20%, will rise to 25% or greater over the next several years.
Prediction · 12 Aug 2026 |
Economics and markets |
| Not checkable |
Not checkable |
12 Aug 2026 |
we believe the market overestimates the portion of segment profits susceptible to AI disruption and underestimates the potential for AI to…
Not checkable · 12 Aug 2026 |
|
| Unresolvable |
Prediction |
12 Aug 2026 |
S&P Global Indices has a long runway for continued double-digit growth.
Prediction · 12 Aug 2026 |
Economics and markets |
| Unresolvable |
Prediction |
12 Aug 2026 |
S&P Global earnings are likely to compound in the low-to-mid teens, driving an annualized return in the mid-20s% if its valuation returns to an appropriate level.
Prediction · 12 Aug 2026 |
Economics and markets |
| Unresolvable |
Prediction |
12 Aug 2026 |
Pershing Square believes its portfolio companies will ultimately deliver strong EPS growth and a substantial increase in the valuations investors assign to them.
Prediction · 12 Aug 2026 |
Economics and markets |