Billionaire hedge fund manager Bill Ackman recently made a big investment in real estate developer Howard Hughes Holdings (HHH 1.33%), with the goal of expanding the company's focus and creating a "modern-day Berkshire Hathaway (BRK.A 0.74%)(BRK.B 0.69%)." Howard Hughes recently announced its first major step toward realizing Ackman's vision, and it's a big one.
*Stock prices used were the morning prices of Jan. 9, 2026. The video was published on Jan. 10, 2026.
