Pershing Square 2018 Q3 Investor Letter: The Latest on Every Bill Ackman Stock Pick

Billionaire Bill Ackman of hedge fund Pershing Square is in the midst of a strong rebound in 2018 as he seeks to put his recent investing woes behind him. Following three straight years of losses, it looked like 2018 was going to be more of the same for Pershing Square, as the fund was down by 8.6% through the end of March. However, it's been a different story since then, as 8.5% returns (net of fees...