Bill Ackman says it's one of the best times in a long time to buy quality stocks

• Pershing Square Holdings is down 19% year-to-date as of the reported date, reflecting broader market weakness
• Ackman specifically highlighted U.S. mortgage giants Fannie Mae and Freddie Mac as offering asymmetric return potential at current valuations
• The firm recently listed on the New York Stock Exchange under ticker 'PS', adopting a permanent capital structure similar to Berkshire Hathaway's model

Summary: Bill Ackman Sees Prime Buying Opportunity in Quality Stocks

Billionaire investor Bill Ackman declared the current market environment one of the most attractive entry points for high-quality stocks in years. In a Sunday post on X, the Pershing Square Capital Management founder urged investors to "ignore the bears" and capitalize on what he views as deeply discounted opportunities.

Key Highlights:

Ackman specifically highlighted U.S. mortgage giants Fannie Mae and Freddie Mac as "stupidly cheap," with potential for outsized short-term returns. He described the current setup in select names as "highly asymmetric," suggesting significant upside with limited downside risk.

Market Context:

The bullish call comes amid significant market volatility driven by rising energy prices, persistent inflation concerns, and shifting Federal Reserve policy expectations. These factors have compressed valuations across multiple sectors despite ongoing economic uncertainty.

Ackman also referenced geopolitical developments, calling the situation "one of the most one-sided wars in history" that will benefit the U.S. and global markets. He suggested a potential "large peace dividend" as President Trump indicated progress toward ending conflict with Iran, though threats remain regarding the Strait of Hormuz and Iranian energy infrastructure.

Performance:

Pershing Square Holdings, the firm's London-listed closed-end fund, is down 19% year-to-date as of last Tuesday. Earlier this month, Ackman announced plans to list his investment vehicle under ticker "PS," creating a permanent capital structure similar to Berkshire Hathaway's model, giving public investors direct exposure to the firm's concentrated large-cap portfolio.

The comments signal strong conviction from one of Wall Street's most prominent activist investors during a period of heightened market stress.