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Lex Fridman Podcast

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

2987.871 - 3006.403 Bill Ackman

You know, things happen that can change the course of history, and markets react very negatively to those kinds of events. And you can own the greatest business in the world, trading for $100 a share, and next moment it could be $50. So as long as you don't borrow against securities, you own really high-quality businesses, and it's not money that you need in the short term...

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