Bill Ackman vs. Chris Hohn: Inside the $10B Microsoft Stock Trade
In the same quarter, Bill Ackman built a $2.1 billion Microsoft position, and Chris Hohn’s TCI sold $8 billion. Same business. Opposite trades. The fact pattern that decides which one is right is sitting in plain sight in Microsoft’s filings. Here is the math, the misread, and the framework you can copy. TL;DR Two billionaires […]
