Bill Ackman's Pershing Square Q2 Letter: No Gold Hedge for Us – Seeking Alpha (blog)

Posted on September 25, 2009 by admin
Bill Ackman's Pershing Square Q2 Letter: No Gold Hedge for Us
Seeking Alpha (blog)
Ackman argues that since SPG trades at a cap rate of 7% using trailing 12 month net operating income, a very similar General Growth under the same cap rate …

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