Billionaire hedge fund manager Bill Ackman described one of the most lucrative trades of his career during a recent appearance at The Citadel, calling a bet on a bankrupt shopping mall operator “the best investment” he ever made.The Most ‘Contrarian’ Investment You Can MakeSpeaking to cadets and guests at the Baker School of Business, Ackman recalled buying a 25% stake in General Growth Properties (GGP) in late 2008, when the company's stock had plunged from $63 to just 34 cents per share.“The stock went fr ...

| Unaudited | | | As at | | | --- | --- | --- | --- | --- | | (US$ Millions) | Note | | Mar. 31, 2025 | Dec. 31, 2024 | | Assets | | | | | | Non-current assets | | | | | | Investment properties | 3 | $ | 59,456 $ | 62,078 | | Equity accounted investments | 4 | | 20,224 | 19,547 | | Property, plant and equipment | 5 | | 5,519 | 5,484 | | Goodwill | 6 | | 956 | 931 | | Intangible assets | 7 | | 927 | 899 | | Other non-current assets | 8 | | 5,352 | 5,339 | | Loans and notes receivable | | | 250 | 204 | | Tota ...