Attached is Pershing Square Capital’s annual investor dinner presentation. Pershing is run by activist investor Bill Ackman who received quite a bit of acclaim in 2008 for his short positions in various financial firms. Despite his prescience he was still down double digits last year. The attached presentation is a curiously detailed look into his investment style, approach and positions. It’s an interesting read….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.