Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
The lenders are going to foreclose and the shareholders are going to get wiped. The company's going to go bankrupt. They're going to get wiped out. The stock went from $63 a share to 34 cents. So, and there was a family, the Bucks bound family owned, I think about 25% of the company. And they had a $5 billion, $5 billion of stock that was worth 25 million or something by the time.
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