Billionaire Investor Bill Ackman Just Went All In On One of His Favorite Stocks: He Plans to Hold It "Forever"
Bill Ackman and his fund Pershing Square Capital Management are big fans of the real estate development company Howard Hughes Holdings ( HHH -1.08%). In 2010, Pershing, along with several big private equity firms, capitalized the company in a rights offering that valued shares at $47.62.