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Billionaire Bill Ackman May Be the Next Warren Buffett -- He's Buying 2 Artificial Intelligence (AI) Stocks Hand Over Fist
The Motley Foolยท2025-10-24 08:24

Billionaire Bill Ackman, a hedge fund manager who wants build a modern-day Berkshire Hathaway, has been buying stock in Amazon and Uber.Warren Buffett took control of Berkshire Hathaway in 1965. He promptly turned the then-textile operation into an insurance-focused holding company. The premium payments created a steady inflow of investable cash that Buffett has used to fund acquisitions and stock purchases, creating tremendous value for shareholders. Berkshire stock has gained about 5,900,000% since he too ...