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Lex Fridman Podcast

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

7265.651 - 7284.325 Bill Ackman

But if you look at the stock, if we'd been able to stay short the entire time, we would have made a bunch of money. Because the stock had a $6 billion market cap and we shorted it. Today it's probably $1 billion. A billion and a half. So you left the short position or whatever that's called. Covered. Closed it out. Yeah. We sold Valiant. We covered Herbalife.

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