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  "docSlug": "f2f1130837d1",
  "documentTitle": "Target Corporation (TGT)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2008-11-19 00:00:00",
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  "density": "balanced",
  "nDataPoints": 8,
  "notes": "The slide uses a comparison framework to position TIP REIT as a superior alternative to traditional TIPS.",
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      "kind": "callout",
      "text": "TIP REIT has many of the same features of Treasury Inflation Protected Securities (TIPS). However, TIP REIT has the added benefit of a growth platform and no “Phantom tax”",
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      "kind": "paragraph",
      "text": "TIP REIT has many of the same features of Treasury Inflation Protected Securities (TIPS). However, TIP REIT has the added benefit of a growth platform and no “Phantom tax”",
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      "text": "(1) Size of total TIPS market",
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      "text": "Comparison table between TIP REIT and 20-Year TIPS across 6 attributes: default probability, inflation protection, duration, liquidity, growth, and phantom tax.",
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      "kind": "title",
      "text": "How is TIP REIT Similar to TIPS?",
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      "evidence": "The document presents a revised transaction, including a minority IPO of TIP REIT, and highlights its benefits.",
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