Bill Ackman aims to turn Howard Hughes into a modern Berkshire Hathaway
AI Summary- Bill Ackman is transforming Howard Hughes Holdings into a Berkshire Hathaway-style conglomerate.
- Pershing Square owns around 47% of Howard Hughes, currently 70% real estate and 30% insurance.
- Howard Hughes could reach 30% real estate and 70% insurance by capital within five years.