#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

12410.264 - 12433.953 Bill Ackman

The problem is the party system is so screwed up and the parties are self-interested and there's another governance problem, right? An incentive problem. Michael Porter, who was one of my professors at Harvard Business School, wrote a brilliant piece on the American political system and all the incentives and market dynamics and what he called a competitive analysis. And it's a must read.