Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Lex Fridman
You said that barriers to entry. You said a lot of really interesting qualities of companies very quickly in a sequence of statements that took less than 10 seconds to say. But some of them were fascinating. All of them were fascinating. So you said barriers to entry. How do you know if there's a type of moat protecting the competitors from stepping up to the plate?
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