BIll Ackman Calls High-Quality Stocks Cheap, Burry Agrees With Stock Picks
Business Insider • • business
Key Points:
- Bill Ackman, founder of Pershing Square Capital Management, expressed a bullish outlook on the US stock market, highlighting it as an opportune time to buy quality stocks despite market volatility.
- Ackman specifically identified Fannie Mae and Freddie Mac as significantly undervalued, suggesting these stocks could potentially yield tenfold returns from current levels after dropping about 40% this year.
- Michael Burry, known for "The Big Short," supported Ackman’s positive stance on Fannie Mae and Freddie Mac, marking a notable shift from his previous critical view of these companies.
- Both investors pointed to the perceived unfair treatment of Fannie Mae and Freddie Mac by the US government post-2008 financial crisis as a key factor in their current undervaluation.
- Burry revealed a substantial investment in Fannie Mae and Freddie Mac in December 2025, influenced by policy changes under the Trump administration that altered his earlier negative perspective on their role in the housing market collapse.
