ClaimsPeople

Bill Ackman

Bill Ackman is a hedge fund manager and the founder and CEO of Pershing Square Capital Management, which has a fund listed on Euronext Amsterdam.

865 claims collected, 272 researched, 99 resolved. Report of 4 November 2026, method 0.1.0+c876030c.

Scores by kind of claim

Each kind of claim is scored on its own, out of 100: the share that held up, with the range it likely falls in. Fewer resolved claims give a wider range.

  • Factual claims

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

    76 70 81

    High confidence, 82 factual claims resolved. From 16 documents, 2011 to 2026; 19 documents sampled from 36 candidates found.

    Not scored: 48 unresolvable, 28 checkable only against their own records.

  • Predictions

    Statements about events outside the person's control, checked once they fell due: did they come true?

    68 54 82

    Low confidence, 14 predictions resolved. From 7 documents, 2014 to 2024; 19 documents sampled from 36 candidates found.

    Not scored: 81 unresolvable. 8 more fall due later.

    Does not yet allow for how likely each prediction was when made.

  • Promises

    Commitments to the person's or organisation's own future action, with something to deliver: was it delivered?

    Insufficient record: 3 promises resolved, 5 needed for a score.

    Not scored: 6 unresolvable, 1 not yet due, 1 checkable only against their own records.

All types combined: 74 (likely 69 to 80, high confidence), from 96 claims: 82 factual claims, 14 predictions. It mixes kinds of claim in different proportions for different people, so compare people kind by kind.

Bill Ackman's claims

431 claims · page 1 of 5

431 claims, sorted by newest said. Choose a claim to read it in full.
VerdictKindSaidClaimTopic
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
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
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
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
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
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
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
Not checkable Not checkable 1 Oct 2026 the probability of your being disrupted has gone up enormously. Not checkable · 1 Oct 2026
Not checkable Not checkable 1 Oct 2026 On that basis, stocks of really high-quality companies are really cheap. Not checkable · 1 Oct 2026
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
Not checkable Not checkable 1 Oct 2026 And it’s a company that owns these small cities. Not checkable · 1 Oct 2026
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
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
Not checkable Not checkable 1 Oct 2026 you can build this enormously profitable, compounding, tax-efficient machine over time. Not checkable · 1 Oct 2026
Not checkable Not checkable 1 Oct 2026 we can buy it at, whatever, $0.60 on the dollar. Not checkable · 1 Oct 2026
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
Not checkable Not checkable 1 Oct 2026 That is a change in markets. Not checkable · 1 Oct 2026
Not checkable Not checkable 1 Oct 2026 I think those companies are really at risk. Not checkable · 1 Oct 2026
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
Not checkable Not checkable 1 Oct 2026 It’s a bit like the Irvine Company. Not checkable · 1 Oct 2026
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
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
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
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
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
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
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
Not checkable Not checkable 1 Oct 2026 We’ve not taken advantage of this at all. Not checkable · 1 Oct 2026
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
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
Not checkable Not checkable 1 Oct 2026 It’s a royalty on the compounding of investments in these entities. Not checkable · 1 Oct 2026
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
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
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
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
Not checkable Not checkable 1 Oct 2026 We got here by accident, right? Not checkable · 1 Oct 2026
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
Not checkable Not checkable 1 Oct 2026 Stocks are at an incredibly cheap valuation. Not checkable · 1 Oct 2026
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
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
Not checkable Not checkable 1 Oct 2026 It doesn’t have to be public. Not checkable · 1 Oct 2026
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 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
Not checkable Not checkable 1 Oct 2026 I think the answer is exactly what you said. Not checkable · 1 Oct 2026
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
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
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 checkable Not checkable 12 Aug 2026 We view Meta as one of the clearest beneficiaries of AI Not checkable · 12 Aug 2026
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
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
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 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
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
Not checkable Not checkable 12 Aug 2026 We carefully follow, track, and update our library as we patiently wait for our target (TGT) companies to become available at valuations… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Over a very long period - say the full lifespan of a business - the investment returns from owning a company's shares should approximately… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 If Vantage achieves our goal of achieving a long-term return on equity of 20% or more Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Our strong preference is for PSH's shares to trade at or around intrinsic value for which we believe PSH's NAV per share is a conservative… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 The latter is a decisive risk management advantage over perps venues Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Valuation is increasingly disconnected from its fundamentals. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 In our view, time reallocated toward short-form video is far more likely to come from share donors like linear TV or lower-quality… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 In our view, Visa and Mastercard are among the highest-quality businesses in the world. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 In summary, in ICE we see a classic, simple, predictable, free-cash-flow-generative business that has sold off on concerns we view as… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We attribute this to investor concerns around stablecoin disruption, agentic commerce, and proposed U.S. regulation, each of which we… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Indices is a high-margin royalty on equity market appreciation and continued active-to-passive flows. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We accept the volatility of earnings multiples associated with macro events and market flows on the valuation of our portfolio companies. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 When stock prices get dislocated in the short term, the tether stretches and eventually stock prices revert to fair values. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 While the share price performance of our portfolio companies has been highly volatile year-to-date, their underlying business progress… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We believe the company's current valuation multiple represents a substantial discount for a business with such a strong growth profile and… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We view AURN001 as an underappreciated call option that could become a growth and margin tailwind. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We are fortunate in that the current market backdrop has created a highly attractive environment for Pershing Square to deploy capital into… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We seek to purchase our target companies at share prices that incorporate a margin of safety so that even if our estimates for the… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 we believe our current portfolio is highly attractive in terms of business quality and prospective earnings growth and is therefore… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 The careful selection of a portfolio of high-quality businesses that we expect will continue to generate high levels of earnings growth… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Netflix has since effectively won the streaming wars. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 In the short term, the impact of a reduction in a company's P/E multiple can easily overwhelm the positive impact of a company's earnings… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We are on it. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 There is no guarantee we will be correct in our assessments of their future growth potential, and our estimates are inherently imprecise. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Each of SPGI's benchmark franchises is a high-margin, IP licensing business with a formidable competitive moat inside an oligopolistic… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 We believe M365's deep embeddedness in daily workflows, superior price-to-value proposition and proprietary Copilot AI agent make it far… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 By investing in businesses that have higher rates of sustainable earnings growth, we can achieve high levels of investment returns without… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 In the short term, stock prices are often, and sometimes materially, disconnected - either favorably or unfavorably - from intrinsic values. Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Collectively, S&P's benchmark businesses have formidable competitive positions and attractive growth prospects, with next to no AI… Not checkable · 12 Aug 2026
Not checkable Not checkable 12 Aug 2026 Despite the name, a perp is most economically akin to a total return swap that never expires. Not checkable · 12 Aug 2026
Not checkable Not checkable 30 Mar 2026 Some of the highest quality businesses in the world are trading at extremely cheap prices. Not checkable · 30 Mar 2026
Not checkable Not checkable 30 Mar 2026 Ignore the bears. Not checkable · 30 Mar 2026
Not checkable Not checkable 30 Mar 2026 One of the best times in a long time to buy quality. Not checkable · 30 Mar 2026
Not checkable Not checkable 29 Mar 2026 By far the best piece I have read on U.S. strategic options in Iran. Not checkable · 29 Mar 2026
Not checkable Not checkable 26 Mar 2026 Very good questions for @Harvard that deserve answers. Not checkable · 26 Mar 2026
Not checkable Not checkable 24 Mar 2026 .@GovPritzker you owe this man and his family an apology. Not checkable · 24 Mar 2026
Not checkable Not checkable 22 Mar 2026 Now that you have the time, Mr. President, let’s Stop the Steal! Not checkable · 22 Mar 2026
Not checkable Not checkable 22 Mar 2026 The NWS was not a ‘settlement’ for a lesser amount of future payments. It was the outright theft of the forever profits of both companies. Not checkable · 22 Mar 2026
Not checkable Not checkable 22 Mar 2026 I couldn’t have said it better than President Trump. Not checkable · 22 Mar 2026
Not checkable Not checkable 21 Mar 2026 Politicians should not be able to shut down our country’s critical infrastructure in an attempt to achieve a political outcome. Not checkable · 21 Mar 2026
Not checkable Not checkable 20 Mar 2026 I couldn’t have said it better myself. Not checkable · 20 Mar 2026
Not checkable Not checkable 17 Mar 2026 I would not be surprised to find out that this litigation is funded by the soda companies. Not checkable · 17 Mar 2026
Not checkable Not checkable 15 Mar 2026 Important advice for parents Not checkable · 15 Mar 2026
Not checkable Not checkable 13 Mar 2026 .@NYCMayor Mamdani’s strategy appears to be to make NYC an unattractive place to live and to die. Not checkable · 13 Mar 2026
Not checkable Not checkable 12 Mar 2026 An apology should not be buried on @X hoping your core audience won’t see it. Not checkable · 12 Mar 2026
Not checkable Not checkable 11 Mar 2026 President @realDonaldTrump, let’s help these young women by making it very costly for the IRGC to harm them. Not checkable · 11 Mar 2026
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Bill Ackman

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“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 business.”

Bill Ackman 1 October 2026 Transcript of Bill Ackman Interview: All-In Liquidity 2026 (Singju Post)

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 An opinion, value judgement or statement with nothing to check.

Cite this claim

Bill Ackman, “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…” (said 1 October 2026). Verdict: not checkable. Reliability API, claim c_ff4ba1c1946e, method 0.1.0+c876030c. https://epistacklabs.com/claims/c_ff4ba1c1946e

Claims without a verdict

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