Subject: Re: Pershing Sq. Valuation
Ackman has “permanently retired” from activist short-selling, which he described as the “noisiest form of activism.”

In general, Pershing Square has been operating more quietly and cooperatively, Ackman says. In his letter, he calls this a new iteration of the hedge fund, which has sought in recent years to work behind the scenes with companies it is seeking to shake up.

https://www.nytimes.com/2022/0...

I wonder if he is working behind the scenes with Brookfield management to boost the shares. Maybe a more transparent corporate structure and ending the alphabet soup of entities may help.