How Bill Ackman’s Portfolio Surged 25% in 2025 With Just Two Big Winners
Bill Ackman has had a banner year. His fund, Pershing Square delivered a roughly 25% gain in 2025, a result that turned heads on Wall Street. The surge was not broad market magic; it came from a few concentrated, high-conviction bets that paid off. This is a story about focus, timing, and big ideas. Bill…