Billionaire Investor Battle: Comparing How Warren Buffett and Bill Ackman Invest [Yahoo! Finance]
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investor dubbed the “Oracle of Omaha.” The activist investor makes splashy, aggressive bets and touting them in the financial media. But recent reports have quoted Ackman as saying he wants to build a “modern-day Berkshire Hathaway,” suggesting a potential shift in his strategy. Read Now: Self-Made Millionaires Suggest 5 Stocks You Should Never Sell Find Out: 6 Things You Must Do When Your Savings Reach $50,000 Though there are many differences between Warren Buffett and Bill Ackman, there are a lot of similarities as well. Here are three of the biggest. As an investor, you've likely heard the advice that you should “diversify your holdings.” And for most casual investors, that's good advice. But if you're a professional money manager with access to insights not available to the average investor, you can afford to make bigger bets – and that's one of the hallmarks of both Buffett and Ackman. Buffett has long advocated for a concentrated portfolio with large positions in hand
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