Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
we bought a stake in the business. And what interested me was I thought the assets were worth substantially more than the liabilities. The company had 27 billion of debt. and had $100 million value of the equity down from like 20 billion. Okay. And one that, you know, sort of an interesting place to start with a stock down 99%.
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