""Some of the highest quality businesses in the world are trading at extremely cheap prices. Ignore the MSM. One of the most one-sided wars in history that will end well for the U.S. and the world. And we have the potential for a large peace dividend.""
""Fannie and Freddie are stupidly cheap. Asymmetry at its best. They could be a 10X and it could happen soon.""
""Investors are feeling extreme fear according to CNN's Fear & Greed Index as the Iran war, now in its sixth week, wreaks havoc on markets.""
""Ackman isn't a neutral source, in fact, he's the single biggest beneficiary of the trade he's recommending. Pershing Square Capital Management is the largest common shareholder in both companies, holding more than 210 million shares combined.""
Bill Ackman urged investors to buy Fannie Mae and Freddie Mac, calling them undervalued amid market turmoil from the Iran war. He noted that these companies are trading at extremely cheap prices and suggested they could see significant gains. Following his comments, Fannie Mae surged 41% and Freddie Mac climbed 34%, marking their largest single-day increases since May of the previous year. Ackman, a major shareholder, has been advocating for their privatization for over a decade, raising questions about his motivations and the timing of his advice.
Read at Fortune
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