Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
People tend to get excited about investments when stocks are going up and they get depressed when they're going down. I think that's just inherently human behavior. You have to reverse that. You have to get excited when things get cheaper, and you got to get concerned when things get more expensive.
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