Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall amid a market tumble.

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

KKR Co-Chief Executive Officer Joe Bae has repeatedly cited Berkshire as the inspiration behind the New York-based firm’s ...

The head of Pershing Square Capital Management also said that Buffett is too conservative in his investment discipline.

Pershing Square Capital Holdings' Bill Ackman is perhaps best known for concentrated investments in a handful of "wonderful," easy-to-understand businesses flush with free cash flow. Undoubtedly ...

WARREN Buffett’s latest shareholder letter contains his usual folksy mix of wisdom and humour. But it also strikes a more contemplative tone, reflecting on the divergent mortality of the company and ...

Because of his long-term track record, retail investors closely follow the moves of Bill Ackman. The billionaire hedge fund manager runs Pershing Square Capital Management, which managed $12.6 ...

The hedge fund manager believes investors can buy a world-class business at a compelling valuation today. Revenue growth and operating leverage should lead to soaring earnings per share in the ...

But it's a tougher question about who might take Buffett's place in the investing world. Could Bill Ackman become the next Warren Buffett? Ackman and Buffett share several common denominators.