Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
Uh, and general growth stock, uh, the general growth, the company, the CFO in particular was very aggressive in the way that he borrowed money. And he borrowed money from a kind of wall street, uh, not long-term, uh, mortgages, but generally relatively short-term mortgages. It was pretty aggressive as the value went up, he would borrow more and more against the assets.
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