Bill Ackman Says Next $1 Trillion Company Will Come From Israel – ‘Imagine if Silicon Valley Was a Countr

In a recent interview, legendary investor Bill Ackman was asked about why he was bullish on the economy of Israel.

The question comes with Ackman owning around a 5% stake in the Tel Aviv Stock Exchange. • Teva Pharmaceutical stock is trading at elevated levels.

Where are TEVA shares going?

Ackman on Israel’s Opportunity In his answer, Ackman highlighted the acquisition of cybersecurity company Wiz by Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), a deal that was done for $32 billion as its largest acquisition ever.

"I’m very bullish on Israel from an economic perspective," Ackman said.