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

2744.198 - 2767.298 Bill Ackman

I think it's something you kind of learn over time. A key success factor is you want to have enough money in the bank that you're going to survive, you know, regardless of what's going on with volatility in markets. You know, people who, one, you shouldn't borrow money. So if you borrow money, you own stocks on margin. Markers are going down and you have your livelihood at risk.