Vantage acquisition follows Buffett’s early Berkshire model: Ackman
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Vantage acquisition follows Buffett’s early Berkshire model: Ackman

Ackman is targeting high-teens RoE at Vantage via underwriting gains and equity investing.

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Investment firm Howard Hughes Holdings’ (HHH) $2.1bn acquisition of Vantage Group Holdings is intended to follow “a similar approach” to Warren Buffett’s early Berkshire Hathaway strategy, executive chairman Bill Ackman said, with “underwriting profitability as paramount”, lower leverage and...

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