Bill Ackman (Trades, Portfolio) of Pershing Capital and Nelson Peltz of Trian Fund Management did a joint interview at CNBC's Delivering Alpha Conference. Both activist investors discussed activism and recent campaigns that they both fought. They both discussed McDonald's (MCD, Financial), Burger King (BKW, Financial) and Wendy's. Mr. Peltz discussed his recent campaign in DuPont (DD, Financial) and the biggest mistakes he made in his activist campaign. Mr. Ackman talked about Fannie Mae (FNMA, Financial) and Freddie Mac (FMCC, Financial) and the Third Amendment that allows the government to take all of Fannie and Freddie's profits. After talking about Fannie and Freddie, Ackman and Peltz talked about other various topics with the interviewer.
Ackman and Peltz joint interview:
Part One:
Part Two:
Part Three:
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Part Eight: