Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
What he did is he got on the board of the company and used the company's financial resources plus his stake in the business to squeeze, squeeze us. And a squeeze in short selling is where you restrict the supply of the securities so that there's a scarcity. And then you encourage people to buy the stock and you drive the stock up.
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