“We're going to create something called Pershing Square Ventures. And our goal is for that to start to bridge that gap. I think that's sort of an interesting area where you can create a little more access for. Kind of the retail investor to some of those companies.”

“Each one landed pretty much at 5% of the Pershing Square portfolio... all really wide-moat, high-margin businesses”

“One of our strategic initiatives is to take our best ideas on the private market side and bring those to the wealth channel… We have a huge exposure to retail investors and deep relationships in those distribution channels.”

“We think of ourselves as end to end investors... view of the world, prepared mind... from company creation all the way through late stage, private or public to be able to deploy capital”

“When Home Depot launched Skelly in 2020, it really changed the industry. It was the first time that we really brought giants ... to retail with retail pricing and made them accessible to customers.”