I just came across an interesting article and wanted to share. It's titled Will Billionaire Bill Ackman Become the Next Warren Buffett? If So, Here's the Stock You'll Want to Buy Hand Over Fist.

Quite the provocative title, you might say. Well, it comes from The Motley Fool, so of course. That’s par for the course with those guys. But clickbait title aside, it does contain some interesting info.

It seems like Bill Ackman wants to turn Howard Hughes Holdings (ticker symbol "HHH") "into the next Berkshire Hathaway" in his words. He already owns 18.9 million shares of Howard Hughes and he wants to purchase another 10 million, which would give him control of the company and make him both chairman and CEO. His plan then involves making Howard Hughes into his personal holding company, in the exact same way that Berkshire Hathaway is Warren Buffett's holding company for his investments.

Weird idea? Not so weird. Berkshire was just a failing textile company before Buffett bought it and transformed it into his holding company. Howard Hughes Holdings could undergo a similar transformation.

If you don't know Bill Ackman, he's an interesting investor. Not quite as conservative as Buffett, but every bit as bold. He's made himself rich with his investing strategy. It’s no surprise that Ackman is a Buffett fan himself—you can find clips of him, even before he was wealthy, asking Buffett and Munger questions at Berkshire conferences.

Anyway, the board of Howard Hughes hasn't agreed to Ackman's takeover proposal yet so it may not be a good idea to ape into HHH just yet (though some have, I think, as their stock has gone up yesterday and today), but if they do agree, it could be a good gamble to stick a few hundred bucks in. After all, Berkshire has beaten the market and delivered a 19% annual gain every year for 60 years. If Ackman could replicate even half that much, it would be a great investment.

Now you know the drill: this isn’t financial advice. Ackman has made bad moves before and also not all holding companies succeed. Do your research and decide for yourself.

Well, that's all. Again, here is the article. Keep your eyes on this story and if the buy goes through, consider the investment. Personally I have long liked Ackman and if this takeover goes as planned, I will throw some money in. All investing is a gamble, but this could be a worthwhile risk with a solid potential upside.

David is an American teacher and translator lost in Japan, trying to capture the beauty of this country one photo at a time and searching for the perfect haiku. He blogs here and at laspina.org. Write him on Mastodon. 【Support @dbooster with Hive SBI】