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

35 claims

35 claims, sorted by newest said. Choose a claim to read it in full.
VerdictKindSaidClaimTopic
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
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
Resolved true Factual 1 Oct 2026 Howard Hughes Holdings has a market capitalisation of about $4 billion. 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
Resolved true Factual 12 Aug 2026 Pershing Square recently made new investments in Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange and Alcon. Factual · 12 Aug 2026 Their own work or organisation
Resolved true Factual 22 Mar 2026 Treasury's 2012 change to the Fannie and Freddie senior preferred stock terms was a unilateral amendment, not a negotiated resolution with the companies. Factual · 22 Mar 2026 Economics and markets
Resolved true Promise 10 Mar 2026 In the combined offering, investors in the PSUS IPO will receive PSI shares at no additional consideration (20 PSI shares per 100 PSUS shares bought). Promise · 10 Mar 2026 Economics and markets
Resolved true Factual 10 Mar 2026 Streetwise is now available for sale as of 2026-03-10. Factual · 10 Mar 2026 Their own work or organisation
Resolved true Prediction Aug 2024 Chipotle is on track to open approximately 300 new restaurants in 2024 and expects to more than double its store base to at least 7,000 North American locations over time. Prediction · Aug 2024 Economics and markets
Resolved true Prediction Aug 2024 CPKC expects to exit 2024 with C$800 million of new business from revenue synergies. Prediction · Aug 2024 Economics and markets
Resolved true Factual Aug 2024 Google is on track to spend nearly $50 billion in capital expenditures in 2024, a more than 50% increase over the prior year. Factual · Aug 2024 AI compute, hardware and data
Resolved true Factual Aug 2024 Howard Hughes has pre-sold 51% of inventory at The Launiu condominium tower in Ward Village, having launched sales in February 2024. Factual · Aug 2024 Economics and markets
Resolved true Factual Aug 2024 Howard Hughes' average residential land price per acre reached an all-time high of $1.0 million in the most recent quarter (Q2 2024). Factual · Aug 2024 Economics and markets
Resolved true Factual Aug 2024 The Ritz-Carlton Residences in The Woodlands, Houston has pre-sold 65% of its available units, representing $313 million of future revenue. Factual · Aug 2024 Economics and markets
Resolved true Factual 2024 Day One Investors in Pershing Square grew their equity at a 16.5% compounded annual rate over 20 years versus 10.0% for the S&P 500. Factual · 2024 Their own work or organisation
Resolved true Factual 5 Jul 2022 There had been 309 mass shootings in the US year-to-date as of 5 July 2022, about 12 per week. Factual · 5 Jul 2022 Other
Resolved true Factual 4 Jul 2022 Interest rates declined dramatically over the two weeks before 4 July 2022. Factual · 4 Jul 2022 Economics and markets
Resolved true Factual 2022 Rail transportation is cheaper than trucking over longer distances. Factual · 2022 Economics and markets
Resolved true Prediction 2022 Chipotle is on track to achieve management's goal of more than $3 million in average restaurant sales. Prediction · 2022 Economics and markets
Resolved true Factual 19 Aug 2021 Robert Jackson served as an SEC Commissioner between January 2018 and February 2020. Factual · 19 Aug 2021 Economics and markets
Resolved true Factual 19 Aug 2021 Listing SPARC warrants on the NYSE requires an NYSE rule change subject to SEC approval, which is being pursued with the NYSE. Factual · 19 Aug 2021 Their own work or organisation
Resolved true Factual 19 Aug 2021 None of PSTH's directors nor its Sponsor has received or been promised any compensation of any kind. Factual · 19 Aug 2021 Their own work or organisation
Resolved true Factual 19 Aug 2021 Had the UMG transaction closed, the Pershing Square Funds would have invested $1.6 billion in PSTH units on the same terms as IPO investors. Factual · 19 Aug 2021 Their own work or organisation
Resolved true Prediction 19 Aug 2021 The Sponsor Warrants will likely be worthless if PSTH does not complete a high-quality transaction on favorable terms. Prediction · 19 Aug 2021 Their own work or organisation
Resolved true Prediction 19 Aug 2021 PSTH will secure SPARC's approval, giving a path to mitigate the harm the litigation causes shareholders and warrant holders. Prediction · 19 Aug 2021 Their own work or organisation
Resolved true Factual 17 Nov 2020 As of mid-November 2020, Covid had infected 11.5 million Americans and killed 252,000, about 1 in 45 of those infected. Factual · 17 Nov 2020 Biosecurity
Resolved true Prediction 17 May 2018 Absent a further policy change from Treasury and FHFA, the subject said he expected Freddie Mac to resume dividend payments to the Treasury in the third quarter of 2018. Prediction · 17 May 2018 Economics and markets
Resolved true Factual 17 May 2018 HHC arranged third-party debt and preferred and common equity commitments reducing HHC's cash investment in the project to $49 million. Factual · 17 May 2018 Economics and markets
Resolved true Factual 17 May 2018 The total estimated cost of Howard Hughes' 110 North Wacker project is $761 million, with an estimated 7.9% unlevered yield on cost. Factual · 17 May 2018 Economics and markets
Resolved true Factual 2018 Nike's emerging markets comprise about 30% of its revenue. Factual · 2018 Economics and markets
Resolved true Factual 2018 Pershing Square restructured its Herbalife short position into put options to limit downside exposure, as discussed in its Q3 2017 investor letter. Factual · 2018 Economics and markets
Resolved true Factual 2018 Herbalife's recently filed 10-K cover page reports 87.4 million shares outstanding, of which only 22.7 million were held by non-affiliates as of June 30, 2017. Factual · 2018 Economics and markets
Resolved true Factual 2018 HHC CEO David Weinreb and President Grant Herlitz recently entered into 10-year employment agreements. Factual · 2018 Economics and markets
Resolved true Factual Jan 2016 Pershing Square purchased puts on the Saudi Riyal to hedge against a continued decline in energy prices. Factual · Jan 2016 Economics and markets
Resolved true Factual 5 May 2014 Fannie Mae and Freddie Mac's fixed-income arbitrage activity is a highly-levered, hedge-fund-like business. Factual · 5 May 2014 Economics and markets
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Bill Ackman

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Factual Economics and markets

“We created it out of the bankruptcy of General Growth.”

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

Howard Hughes was created out of the bankruptcy of General Growth as a spinoff of its other assets.

Resolved true The record shows it happened or was so.

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

What would count as true or false

TRUE: Howard Hughes Corporation was formed and spun off from General Growth Properties as part of GGP's Chapter 11 reorganization, taking assets outside GGP's core malls such as master-planned communities and development properties. Pershing Square's role in the plan supports Ackman's phrase 'we created it' but is not required. MOSTLY TRUE: it was spun off at GGP's emergence from bankruptcy, with a minor detail wrong, such as which assets it received. MOSTLY FALSE: it was spun off from GGP but not as part of the bankruptcy reorganization. FALSE: it was not created from GGP.

Evidence

  1. SEC.gov | HOME U.S. Securities and Exchange Commission (Form 8-K filed by The Howard Hughes Corporation) · 9 November 2010
    “On November 9, 2010, The Howard Hughes Corporation (the “Company”) was spun off from General Growth Properties, Inc. (“GGP”) in connection with a plan of reorganization filed by GGP and certain of its subsidiaries under Chapter 11 of the U.S. Bankruptcy Code”
  2. SEC.gov | HOME U.S. Securities and Exchange Commission (Form 8-K filed by The Howard Hughes Corporation) · 9 November 2010
    “In connection with the Separation, GGP transferred to the Company the assets and liabilities comprising the Company’s master planned communities and real estate development businesses.”
  3. News | General Growth, Split Into Two Companies, Emerges from Historic Bankruptcy CoStar News · 11 November 2010
    “General Growth Properties Inc. (NYSE: GGP) emerged from Chapter 11 restructuring this week, along with Howard Hughes Corp. (NYSE: HHC), a separate publicly traded company spun off by GGP consisting of the former company's portfolio of master-planned communities and other development opportunities.”

Reasoning

Howard Hughes Corporation's 8-K filing says the company was spun off from GGP on November 9, 2010, in connection with GGP's Chapter 11 plan of reorganization (E1). The same filing says GGP transferred its master planned communities and real estate development businesses to the new company (E2). A CoStar report from the time independently confirms that HHC was spun off as GGP emerged from Chapter 11, holding master-planned communities and other development opportunities (E3). That meets the TRUE criterion.

Cite this claim

Bill Ackman, “Howard Hughes was created out of the bankruptcy of General Growth as a spinoff of its other assets.” (said 1 October 2026). Verdict: resolved true. Reliability API, claim c_1fb3bb38aa00, method 0.1.0+c876030c. https://epistacklabs.com/claims/c_1fb3bb38aa00

Claims without a verdict

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