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Lex Fridman Podcast

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

7185.434 - 7207.084 Bill Ackman

And as I explained before, you short those coins at 10, they go to 100. You can lose theoretically an unlimited amount of money. And that's scary. That's why we don't short stocks. That's why I didn't short stocks before this. But this was, unfortunately, I had to have the personal lesson. So how much was, for him, personal versus... part of sort of the game of investing.

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