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

3609.116 - 3630.285 Bill Ackman

index funds with Vanguard and others. And that all these controlling shareholders would kind of gave their stock to society or their children and multiple generations. And there were no longer kind of controlling owners of businesses or very few. And that led to underperformance and the opportunity for activists over time. And what activism has done, and I think we've helped lead this movement,