No. of Recommendations: 2
“This ain't no "Modern Day Berkshire" with its 1.5% management fees to be paid to Ackman's management company.”
Interesting story, but I’ll pass based on their fees, their inconsistency of returns, and it’s a helluva lot harder to build a modern day Berkshire. I did invest a small amount into the Pershing SPAC when it was hyped to have a sizable interest in Universal Music but it never materialized. Would rather keep Berkshire any day given the proven structure, track record and Zero fees.
