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Lex Fridman Podcast

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

1584.262 - 1605.344 Bill Ackman

So we get involved in cases where a great business has kind of made a big mistake or you've a company that's kind of lost its way, but it's recoverable. And that's, we buy from shareholders who are disappointed, who've lost confidence, We're selling at a low price relative to what it's worth if fixed, and then we try to be helpful in fixing the company.

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