Billionaire Bill Ackman, founder of the hedge fund Pershing Square, is known for his public statements that seem to influence the market. Every time he expresses panic or advises buying, the market seems to reverse course.



Ackman recently stated that the best companies are trading at deep discounts and urged people to ignore the pessimists, calling it a good time to buy. The following day, the S&P500 rose 2.24%.
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