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

1677.183 - 1697.993 Bill Ackman

major companies with multi-trillion dollar market caps working to find profits wherever they can. And so that's a dangerous world in a way to be an investor. And so you have to find businesses that it's hard to foresee a world in which they get disrupted. And the beauty of the restaurant business, and we've actually, our best track record is in restaurants. We've never lost money.