Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
And then we stepped in to try to solve the problem. It was the first time I ever joined a board and the mess was much larger than I realized from the outside. And then I was kind of stuck. And it was very much a confidence-sensitive strategy because they built their business by acquiring pharmaceutical assets. And they often issued stock when they acquired targets.
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