{
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  "docSlug": "ec290ad54e91",
  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2019-02-13 00:00:00",
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  "pageNumber": 43,
  "pageCount": 58,
  "prevPage": 42,
  "nextPage": 44,
  "slideType": "before_after",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 2,
  "notes": "The chart uses a dashed line to indicate the average cost basis at inception ($86).",
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  "components": [
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      "kind": "callout",
      "text": "LOW's share price including dividends increased 8% from our average cost at inception to December 31, 2018, and 8% year-to-date in 2019",
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      "kind": "chart",
      "text": "LOW share price performance from 4/6/2018 to 2/12/2019",
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      "kind": "metric",
      "text": "share price: $99",
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      "kind": "source-note",
      "text": "Note: The performance of Lowe'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. Please see the additional disclaimers and notes to performance results at the end of the presentation. (1) As of 2/12/2019",
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      "kind": "title",
      "text": "LOW Share Price Performance Since Inception",
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      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "Business and organizational update, portfolio update, and Q&A",
      "position": 3,
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      "parentBeatName": "Resolution",
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      "evidence": "Share price increases for 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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