The "Magnificent Seven" refers to seven of the largest technology-focused companies by market cap. Berkshire is undoubtedly a top value stock to consider buying now. After gaining 194.1% in 2023 and 65.

Fast forward half a century, Bill Ackman, the billionaire hedge fund manager behind Pershing Square Capital Management, is looking to replicate Buffett’s success by creating a “modern-day Berkshire Hathaway.

The hedge fund manager is wagering his own money this time in a bid to build another financial behemoth that could rival the life’s work of Warren Buffett.

Bill Ackman's Pershing Square proposed to acquire 10 million newly issued Howard Hughes shares at $90 a share — up from $85 a share.

A key problem is that the Howard Hughes board and the special committee evaluating the proposal may not want to turn the company into an Ackman-led mini Berkshire.