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  "documentTitle": "Pershing Square | Activist Presentation Deck | 62 slides",
  "authorId": "pershing-square",
  "authorName": "Pershing Square Holdings",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2020-02-01 00:00:00",
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  "pageNumber": 14,
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  "density": "dense",
  "nDataPoints": 10,
  "notes": "The slide uses a blue bar for PSH and green bars for benchmarks to visually distinguish the subject from the comparison group.",
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      "text": "Bar chart showing 58.1% for PSH and 31.5%, 28.4%, 16.3%, 10.7% for benchmarks",
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      "text": "Past performance is not necessarily indicative of future results. All investments involve the possibility of profit and the risk of loss, including the loss of principal. Please see the additional disclaimers and notes to performance results at the end of this presentation. (1) HFRX ED: Activist Index constructed and maintained by Hedge Fund Research, Inc. Hedge funds included in the index primarily employ activist strategies. (2) HFRX Equity Hedge Index constructed and maintained by Hedge Fund Research, Inc. Hedge funds included in the index maintain long and short positions in primarily equity and equity derivative securities and employ a broad range of fundamental and quantitative techniques in their investment process.",
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      "kind": "table",
      "text": "PSH Outperformance row with values 2,660 bps, 2,970 bps, 4,180 bps, 4,740 bps",
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      "kind": "title",
      "text": "Substantial Outperformance in 2019",
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      "kind": "title",
      "text": "2019 PSH Net Returns vs. Benchmark Indices",
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