phil_Buffett Posted February 3, 2015 Share Posted February 3, 2015 interview with bill ackman and more Graham-Doddsville_Issue-23_Final-1.pdf Link to comment Share on other sites More sharing options...
phil_Buffett Posted February 3, 2015 Author Share Posted February 3, 2015 iam right now reading the issue. really nice. ackman on fannie and Freddie. We saw this as different from Fannie (FNMA) and Freddie (FMCC) because we thought MHFI was a potential double, while we think we can make 25x our money in Fannie and Freddie. A small investment in Fannie and Freddie can still be very material in terms of profits for the firm, yet if something happens and we lose our entire investment, we won't really notice. For MHFI to be a meaningful contributor, it would have to be a big investment. Link to comment Share on other sites More sharing options...
giofranchi Posted February 3, 2015 Share Posted February 3, 2015 Given the fact Pershing Square Holdings is selling for less than NAV, buying its shares could be a very good way of taking advantage of Ackman’s thesis on Fannie and Freddie. :) Gio Link to comment Share on other sites More sharing options...
phil_Buffett Posted February 3, 2015 Author Share Posted February 3, 2015 Given the fact Pershing Square Holdings is selling for less than NAV, buying its shares could be a very good way of taking advantage of Ackmans thesis on Fannie and Freddie. :) Gio yes absolutely :). as a whole i find ackman great and his Investment really nice value Investments. all of his company´s doing great. Link to comment Share on other sites More sharing options...
clayroad Posted February 3, 2015 Share Posted February 3, 2015 Given the fact Pershing Square Holdings is selling for less than NAV, buying its shares could be a very good way of taking advantage of Ackman’s thesis on Fannie and Freddie. :) Gio As long as you take into consideration the leverage created from having short positions. Link to comment Share on other sites More sharing options...
luck Posted February 3, 2015 Share Posted February 3, 2015 anyone know of the tax/accounting implications related to $PSH in the netherlands? Link to comment Share on other sites More sharing options...
abyli Posted February 3, 2015 Share Posted February 3, 2015 anyone know of the tax/accounting implications related to $PSH in the netherlands? I think it is foreign closed fund, so PFIC will apply. So I purchased shares in IRA accounts. Link to comment Share on other sites More sharing options...
luck Posted February 4, 2015 Share Posted February 4, 2015 thanks abyli. probably a good way to go about it. Link to comment Share on other sites More sharing options...
Patmo Posted February 5, 2015 Share Posted February 5, 2015 I think Andrew Wellington's interview is also a very interesting read. Link to comment Share on other sites More sharing options...
KJP Posted February 5, 2015 Share Posted February 5, 2015 Agreed re: the Wellington interview, particularly the discussion of the equal weighting on page 23. Link to comment Share on other sites More sharing options...
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