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Lex Fridman Podcast

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

5800.124 - 5819.617 Bill Ackman

I put that on hold because I didn't want to make a decision in the middle of this crisis. And things just kept getting worse. We were also sued. When you lose a lot of money, we didn't get sued by our investors, but we got sued by a shareholder because when the stock price goes down, shareholders sue. We'd done nothing wrong other than make a big mistake. So you have litigation.

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