According to Brad Freeman (@StockMarketNerd), Bill Ackman has outperformed the SPY index by more than 5 percentage points over a period exceeding two decades, providing consistent alpha for long-term investors (Source: Twitter/@StockMarketNerd, May 22, 2025). This track record demonstrates Ackman’s effective portfolio management and highlights the value of active strategies in a market often dominated by index funds. For cryptocurrency traders, this underscores the potential for experienced managers to generate excess returns even in highly efficient markets, suggesting that similar analytical rigor and active management could benefit crypto portfolios, especially as institutional participation grows and the market matures.