Jon Quast

After the break, there's a billionaire investor out there who says that some high-quality stocks are really cheap right now.

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So, we're finally here at our final topic, the one that we teased right at the beginning.

Bill Ackman is a billionaire investor, a manager of the hedge fund Pershing Square.

Over the weekend, Ackman was posting on social media saying, some of the highest quality businesses in the world are trading at extremely cheap prices.

Ignore the mainstream media, he said.

He then went on to mention Fannie Mae and Freddie Mac as potential 10X opportunities.

Matt, you're our real estate guy here.

What is Bill Ackman talking about?

There we have Howard Hughes, Lululemon, Microsoft, Alphabet, definitely many companies out there to look at that might be good values right now and might prove Bill Ackman's point that there are a lot of high-quality businesses on sale.

You can count on us to be on the lookout, but that is all the time that we have for today.

Matt and Rachel, thank you for sharing your thoughts.

To the listeners out there, thank you so much for joining us today.

As always, people on the program may have interest in the stocks they talk about,