Overview
- Bill Ackman posted on X urging investors to buy high‑quality stocks he called "extremely cheap" during a selloff tied to rising Middle East risk.
- He said Microsoft offers its best value in ten years and that Nvidia now trades below the S&P 500’s valuation for the first time in 13 years.
- He labeled Fannie Mae and Freddie Mac "stupidly cheap" with possible 10x upside after both fell more than 60% over the past six months.
- Michael Burry endorsed the view, calling the current setup a rare chance for buyers.
- Ackman is launching a closed‑end fund with a heavy tech focus, a plan that would gain if the large‑cap names he flagged recover.