Bill Ackman Says He Will Be North American Centric With Investments

Bill Ackman is speaking at the Value Investing Congress, and is saying that most of his investments will be in North America, particularly in the U.S., as he understands the legal system here, and he believes it is easier to deal with domestic companies, as opposed to foreign ones. He believes it's a better use of time, energy, and capital to go on a 2 or 3 hour flight, than foreign locations.