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 billion in assets as of Dec.

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, by betting on so few stocks relative to most other big-league funds out there,

But one thing we can say for certain is that Buffett is not entirely bearish. He has bought several stocks while being a net seller in the past few quarters, and these stocks could go on to deliver solid gains in the long run.

Bill Ackman and Warren Buffett share several common denominators. Ackman wants to add another similarity to the list by turning Howard Hughes Holdings into the "next Berkshire Hathaway." Don't rush to invest in Howard Hughes Holdings just yet,

Berkshire Hathaway (NYSE:BRK.B) made 17 moves in the final quarter of 2024, none of them would be considered earth-shattering decisions. Nonetheless, Warren Buffett continues to tread carefully when investing in the markets.