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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-01-29 00:00:00",
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  "notes": "The chart highlights the growth from an average cost at announcement ($37) to the current price ($128).",
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      "kind": "callout",
      "text": "HHC's share price has increased 250% (3.5x) from the November 2010 spinoff from GGP to January 19, 2018",
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      "kind": "callout",
      "text": "HHC’s share price has increased 250% (3.5x) from the November 2010 spinoff from GGP to January 19, 2018",
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      "text": "HHC share price performance from 11/9/2010 to 1/19/2018",
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      "kind": "disclaimer",
      "text": "Note: The performance of HHC's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds. *Average cost at announcement date.",
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      "text": "share price: 250%",
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      "kind": "title",
      "text": "HHC: Share Price Performance Since Inception",
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      "evidence": "The document highlights the performance of various portfolio companies.",
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      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
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