Billionaire Bill Ackman Is Buying a Brilliant Robotaxi Stock Up 145% in 2 Years (Hint: Not Tesla)

Billionaire Bill Ackman is the CEO of Pershing Square Capital Management, a hedge fund that returned 210% in the past five years. Comparatively, the S&P 500 (SNPINDEX: ^GSPC) advanced 101% during the same period. Those market-beating results make Ackman a good source of inspiration for individual investors.Since January, Ackman has bought more than 30 million shares in a robotaxi stock that has soared 145% in the past two years. I’m not referring to Tesla, though the company also plans to launch an autonomous ride-sharing service in Austin this year. Instead, the stock Pershing Square has been buying is Uber Technologies (NYSE: UBER).Here’s what investors should know.Continue readinghttps://www.fool.com/investing/2025/03/27/bill-ackman-buy-robotaxi-stock-up-145-not-tesla/

Billionaires Buy a BlackRock ETF Wall Street Experts Say May Soar Up to 55,900%

During the fourth quarter, several hedge fund billionaires added to their positions in the iShares Bitcoin Trust (NASDAQ: IBIT), an exchange-traded fund (ETF) managed by BlackRock that tracks the spot price of Bitcoin (CRYPTO: BTC). Details are provided below:Bitcoin ownership for years was primarily limited to retail investors, but Forms 13F filed in February indicate that successful institutional investors have taken an interest. Citadel, D.E. Shaw, and Millennium are the three most profitable hedge funds in history, according to LCH Investments.Importantly, certain Wall Street experts expect Bitcoin (and therefore the iShares Bitcoin Trust) to soar in the coming years. Here’s what investors should know.Continue readinghttps://www.fool.com/investing/2025/03/27/billionaires-buy-etf-wall-street-could-soar-55900/