Question
3) Pershing Square typically runs a highly concentrated portfolio. For example, as of June 2015, Pershing Square held long positions in just 7 stocks and
3) Pershing Square typically runs a highly concentrated portfolio. For example, as of June 2015, Pershing Square held long positions in just 7 stocks and their largest position (Valeant Pharmaceuticals) accounted for 30% of their long portfolio. What are the tradeoffs involved in running such a highly concentrated portfolio?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
