Ackman Urges Buying Microsoft, Meta, Amazon Like Berkshire in 2000

On June 5, Bill Ackman positioned mega-cap AI leaders Microsoft, Meta and Amazon as a generational buying opportunity equivalent to Berkshire Hathaway at the 2000 dot-com low. This builds on his June 3 warning that investors are repeating 2000 mistakes by chasing chip, semiconductor and energy stocks while neglecting quality names. Ackman added to Microsoft in February after an earnings drop and now highlights its $37 billion AI run rate, up 123% YoY, even as MSFT trades down 11% year-to-date. He stresses these platforms’ scale and balance-sheet strength versus AI-disrupted niche software, citing accelerating growth at AWS (+28%) and Salesforce Agentforce (+205%). The shift signals potential institutional rotation back into durable AI compounders.