Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
With a stock, you have to make predictions about the business. How many widgets are going to sell this year? How many are going to sell next year? What are the costs going to be? How much of the money that they generate do they need to reinvest in the business to keep the business going? And that's more complicated.
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