Bill Ackman’s Pershing Square USA starts trading well below IPO price

Bill Ackman’s long-awaited push into public markets debuted Wednesday, marking a scaled-back but still ambitious step toward building a Berkshire Hathaway-like investment platform. The Pershing Square Capital Management founder’s combined initial public offering raised $5 billion, pricing at the low end of expectations after marketing a deal that initially targeted between $5 billion and $10…

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‘Don’t worry’ about your salary when early on

After 60 years at the helm of Berkshire Hathaway, Warren Buffett stepped down as the holding company’s CEO at the end of 2025. Throughout his career, the business and investing icon routinely shared wisdom to help others build successful lives, from singing the praises of compound interest to offering a thought exercise for living without…

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A 5 million percent return

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC The investing world’s north star is beginning to dim. Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run that turned an unremarkable textile company into…

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