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IPO Alert: You'll Soon Be Able to Invest Alongside Billionaire Bill Ackman

The Motley Fool

Billionaire investor Bill Ackman is planning to create a new publicly traded investment fund and is kicking off a pre-IPO roadshow to build investor interest. The new fund will be called Pershing Square USA and will list on the New York Stock Exchange under the ticker symbol PSUS. annualized) since its Jan 2004 inception.

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Here's How Billionaires Buy Stocks

The Motley Fool

Self-directed brokerage account This option is for billionaires who want to do all of their investing themselves. These are called private placements, and most of the time, the shares are sold to investment banks or hedge funds. There's usually no minimum amount of money needed to open a self-directed brokerage account.

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What We Learned From Bank of America's Latest Report

The Motley Fool

But you mentioned their equities trading, which was really strong, their investment banking fee growth, which was 29% year over year, which came from a very low bar, but now more companies are going public, more M&A activities happening, and the banks are a big beneficiary of that. trillion.

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