Billionaire Investor Bill Ackman's Election Bet Could Hit Big After Trump's Victory

By Yahoo! Finance   |   1 year ago
Billionaire Investor Bill Ackman's Election Bet Could Hit Big After Trump's Victory

Billionaire investor Bill Ackman bet on two stocks, Fannie Mae and Freddie Mac, expecting them to benefit from a Trump victory. These government-sponsored entities are crucial in the mortgage market, and Trump aimed to release them from conservatorship.

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