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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2017-01-26 00:00:00",
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  "notes": "Slide 83 of the deck.",
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      "text": "New Undisclosed Position #1 (late 2016): ~4% of Capital",
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      "text": "High quality business that generates predictable, recurring cash flow\nGlobal business with best-in-class management team\nBuying opportunity presented due to cyclical and macroeconomic concerns despite strong long-term growth potential\n~22% return on average cost through January 24, 2017\nWe believe investment is still attractive at current price",
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