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

4625.401 - 4644.711 Bill Ackman

And so you have to spend a lot of money, mostly mailing fees and all kinds of other legal and other expenses to let everyone know you're running, like running a political campaign. And then you've got to run around and meet with the big shareholders, fly around the country, explain your case to them. And then there's a shareholder meeting. And if you get a majority of the votes, you get on.