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Lex Fridman Podcast

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

4689.801 - 4709.39 Bill Ackman

Once shareholders could actually dislodge board members and they could lose their seats, and that's really the rise of shareholder activism, boards started taking their responsibilities much more seriously because directors are typically, you know, there are many cases they're retired CEOs. This is kind of how they're making a living in the later part of their career. They sit on four boards.

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