Bill Ackman, founder and CEO of Pershing Square Capital Management, attends Milken Conference 2025 in Beverly Hills, California, USA on May 6, 2025.
Mike Blake | Reuters
Billionaire investor Bill Ackman said the current market turmoil has created one of the most attractive entry points for high-quality companies in years, and called on investors to ignore macro concerns and focus on deeply discounted opportunities.
“Some of the world’s highest quality companies are trading at very low prices,” Ackman wrote in a post on X late Sunday. “This is one of the best times to buy quality in a while. Ignore the bears.”
The founder of Pershing Square Capital Management pointed to highly asymmetric setups in some stocks, naming U.S. mortgage giants Fannie Mae and Freddie Mac as “ridiculously cheap” and saying they have the potential for huge profits in a relatively short period of time.
Ackman’s bullish stance comes as markets are reeling from rising energy prices, persistent inflation concerns and shifting expectations about Federal Reserve policy. The recent rise in volatility has driven down valuations across sectors, even as economic uncertainty continues to cloud the outlook.
“This is one of the most lopsided wars in history, but it will end well for America and the world, and we could reap a significant peace dividend,” Ackman wrote.
President Donald Trump has expressed hope to investors that an end to the war with Iran is near. The president added that “significant progress has been made,” but also said the United States would attack Iran’s key energy infrastructure if a peace deal was not reached “soon” and the Strait of Hormuz was not reopened “immediately.”
Pershing Square Holdings, the firm’s London-listed closed-end fund, was down 19% year-to-date as of last Tuesday, its website showed.
Earlier this month, Pershing Square filed to list on the New York Stock Exchange under the ticker “PS,” giving retail investors direct access to the company’s concentrated portfolio of large-cap investments.
The listing would effectively turn Ackman’s investment vehicle into a permanent capital structure, following the model used by Warren Buffett’s Berkshire Hathaway.
