Bill Ackman Explains Himself as Pershing Square’s Portfolio Soars

Bill Ackman’s prescient worries about the novel coronavirus helped his Pershing Square Holdings turn in a stunning double-digit performance during March as the markets slipped into bear territory.The publicly-traded fund, now Ackman’s largest, is up 3.3 percent for the year after rising 11.1 percent in April. The Dow Jones Industrial