Michael Burry, Bill Ackman Highlight ‘Rare,’ ‘Stupidly Cheap’ Opportunity In Fannie & Freddie: ‘Ignore The Bears’

URL has been copied successfully!

Bill Ackman and Michael Burry are urging investors to look past broader market fears and point to a massive, asymmetric opportunity in Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC).

‘Stupidly Cheap’ Bet

Pershing Square’s Ackman advised investors to “ignore the bears” and mainstream media amid ongoing global conflicts. Predicting a “large peace dividend” following what he termed a “one-sided war,” Ackman highlighted government-sponsored enterprises Fannie Mae and Freddie Mac as prime investment targets.

“Fannie and Freddie are …

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here