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  "documentTitle": "Howard Hughes Holdings Inc. (HHH)",
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  "authorName": "William A. Ackman",
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  "notes": "The chart highlights a significant outperformance of the fund compared to the S&P 500 index.",
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      "text": "Pershing Square’s returns have been substantially greater than those achieved by investing in the broad stock market indices over the same period.",
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      "text": "An investment in PSLP at its inception on January 1, 2004, transferred to PSH at its launch on December 31, 2012, has generated a 16.1% compound annual return, a 2,185% cumulative return, and a 22.8 times multiple of capital.",
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