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

The Motley Fool

Pershing Square USA will have no assets to start, other than a relatively small amount of cash on hand that will cover the investment banking expenses related to the IPO itself. But the fee will be waived for the first 12 months after the IPO. annualized) since its Jan 2004 inception. annualized).

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Here's How Billionaires Buy Stocks

The Motley Fool

A self-directed brokerage account is the same kind you or I might use and has the same types of stock investing options, including individual stocks, exchange-traded funds, options trading, mutual funds, bonds, and real estate investment trusts (REITs).

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Transcript: Dominique Mielle

The Big Picture

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. RITHOLTZ: It’s mutual funds. It’s hedge funds. I don’t have a genius idea to say, you know, those endowments should invest with mutual funds at 5 bps a fee.