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 -
Predictions
Statements about events outside the person's control, checked once they fell due: did they come true?
68 54 82 -
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.
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
16 claims
“You own a portfolio of our best ideas, and it’s trading at an 18% discount to cash.”
Bill Ackman, interview answer 1 October 2026 Transcript of Bill Ackman Interview: All-In Liquidity 2026 (Singju Post)
PSUS holds a portfolio of Pershing Square's best ideas and trades at an 18% discount to cash.
Mixed Partly true and partly false in roughly equal measure.
The evidence is the person's or their organisation's own records.
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
Judged as of 2026-10-01. Read 'discount to cash' as the discount of PSUS's market price to its NAV per share. True: PSUS's published NAV and market price around that date give a discount of 16% to 20%, and PSUS's disclosures show that its portfolio is a concentrated portfolio substantially similar to Pershing Square's core strategy, which is what 'best ideas' means here. Mostly true: the discount is between 14% and 22%, or slightly outside 16% to 20% depending on the NAV date used. Mixed: there is a discount, but it is materially different from 18% (more than 4 points away but at least 8%). Mostly false: the discount is under 8% or far above 18%. False: PSUS traded at or above NAV at that time.
Evidence
- PSUS - Pershing Square USA Pershing Square USA, Ltd. (fund fact sheet) · 30 October 2026 Own record
“September 30, 2026 $48.42 NAV PER SHARE1 $37.10 PRICE PER SHARE”
- Performance | Pershing Square USA Pershing Square USA, Ltd. Own record
“- 30 September - Monthly - $48.42 - $37.10”
- Performance | Pershing Square USA Pershing Square USA, Ltd. Own record
“- 6 October - Weekly - $49.07 - $37.74”
- PSUS - Pershing Square USA Pershing Square USA, Ltd. (fund fact sheet) · 30 October 2026 Own record
“PSUS typically invests in 12 to 15 high-quality, large-capitalization, North American growth companies that it seeks to acquire at discounts to the Manager’s estimate of their intrinsic value.”
Reasoning
PSUS's September 2026 fact sheet [E1] and performance page [E2] give a NAV per share of $48.42 and a price per share of $37.10 on September 30, 2026. That is a discount of about 23.4%. The 6 October weekly row [E3] gives about 23.1% ($37.74 vs $49.07). Both figures fall outside the 14–22% "mostly true" range and are more than 4 points away from 18%, but they are well above 8%, so under the criteria the claim is mixed. The fact sheet describes a concentrated portfolio of 12–15 companies [E4], but it does not say the portfolio matches Pershing Square's core strategy, so the "best ideas" part is not confirmed.
Cite this claim
Bill Ackman, “PSUS holds a portfolio of Pershing Square's best ideas and trades at an 18% discount to cash.” (said 1 October 2026). Verdict: mixed. Reliability API, claim c_6a7def627454, method 0.1.0+c876030c. https://epistacklabs.com/claims/c_6a7def627454
Claims without a verdict
- Unresolvable 135
- Not yet due 9
- Own records only 29
- Not researched 162
- Not checkable 431
Is a verdict here wrong, or do you speak for Bill Ackman? Reply on the claim's own page, with the form at its foot (how replies work). Verdicts are made automatically; how verdicts and scores are made.