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  "documentTitle": "Pershing Square | Investor Presentation Deck | 59 slides",
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  "presentationDate": "2024-02-01 00:00:00",
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  "notes": "The table breaks down performance detractors by category, including underlying portfolio positions and bond interest expense.",
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      "kind": "disclaimer",
      "text": "Note: Positions with contributions to performance of 50 basis points or more are listed above separately, while positions with contributions to performance of less than 50 basis points are aggregated. Past performance is not a guarantee of future results. All investments involve risk, including the loss of principal. Please see the additional disclaimers and notes to performance results at the end of this presentation. (1) Net Detractors is provided solely to comply with Rule 206(4)-1 under the Advisers Act of 1940 and related Frequently Asked Questions issued by the SEC. Net Detractors reflects an adjustment to the gross return of each investment for such investment's allocable portion of PSH's performance fee and quarterly management fee, based on PSH's exposure to such investment. Please see the additional disclaimers and notes to performance results at the end of this presentation.",
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      "text": "Energy Hedge, Interest Rate Swaptions, All Other Positions & Other Income / Expense, Total Detractors - Underlying Portfolio, Bond Interest Expense, Total Detractors - incl. Interest Expense",
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