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Billionaire Bill Ackman’s Next Big Idea

Billionaire Bill Ackman will be a keynote speaker at the 8th Annual New York Value Investing Congress, October 1 & 2, 2012 in New York City. Joining him is a group of other superstar investors including David Einhorn, Barry Rosenstein, and Alex Roepers, to name just a few.

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Bill Ackman is one of our favorite hedge fund managers. Recently he initiated a $1.8 billion position in Procter & Gamble (NYSE:PG) by selling his large stake in Citigroup Inc. (NYSE:C). We are guessing he will present his detailed thesis in Procter & Gamble (NYSE:PG). It is also possible that he may come up with an entirely different stock pick.

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