, one of Pershing Square's best investments in recent years. Filings at the Securities and Exchange Commission show Ackman's Pershing Square sold about 215,000 shares on Feb. 6 and Feb. 7 for about $860 per share. Pershing Square Holdings, which first invested in Chipotle at around $405 per share, soared 58% in 2019, making it one of the globe's best-performing hedge funds last year.
7% of Pershing Square Holdings gross returns in 2019. —'s reputation as a volatile stock has been well deserved thus far in 2020. The electric car maker's stock has posted a move of less than 1% in just five of the 26 trading days this year through Friday's close. By comparison, the S&P 500 has had just five moves of at least 1% all year. Tesla was headed for another major move on Monday, trading more than 5% higher. —The Dow was quick to bounce back from a 106.
10 year yield 1.56%, China inflation and loan defaults going up, and there is NO WAY it gets better in the near future. Most economists agree we are near the end of the cycle. Stocks at record highs with massive fiscal/monetary stimulus. Millenials are getting absolutely screwed
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