Bill Ackman

17 statements across 4 episodes · 6 bullish · 3 bearish · 4 people on the record · first statement Apr 28, 2020 by Bill Ackman · said 19 times in 3 episodes since 2020 · across every show →

On the record as a speaker too: Bill Ackman's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Shane Parrish (9), Andrew Wilkinson (8), Keith Creel (1), Bethany McLean (1)

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2022 18 mentions in 2 episodes 9 per episode
2020 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Bill Ackman, oldest first

Apr 28, 2020
Disclosure
Pershing Square Executed Its Massive COVID-19 Portfolio Hedge in One Hour
“I mean, the, just most recently, our hedge that we put on to protect the portfolio, I guess, I wasn't specifically doing work on that investment at all, but I was thinking about the ramifications, for example, of the coronavirus, and then came to a conclusion …”
Bill Ackman Apr 28, 2020 ▶ 21:34 #82 Bill Ackman: Getting Back Up
Apr 28, 2020
Insight
Ackman: If an investment thesis is not obvious quickly, it is probably bad
“In fact, if you have to spend A large amount of time, and it's not obvious. It's probably not a good investment”
Bill Ackman Apr 28, 2020 ▶ 21:17 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 bullish
Disclosure
Pershing Square Bought $2.05 Billion in Equities While Unwinding COVID Hedge
“We'd invested two billion fifty million between March 12th and March 18th at 1230 in the stock market buying, you know, additions, adding to our portfolio, buying, repurchasing Starbucks. We had sold half the hedge for a 1,000,000,300, a little more than half …”
Bill Ackman Apr 28, 2020 ▶ 48:53 #82 Bill Ackman: Getting Back Up
Apr 28, 2020
Disclosure
Ackman Attributes Business Judgment Failures to Distraction From Divorce
“It is, it can be very distracting to be contemplating whether one should stay married While running a business that requires, you know, a lot of, you know, judgment and clarity of thinking, and you know, I ultimately made some, you know, failures of judgment i…”
Bill Ackman Apr 28, 2020 ▶ 12:34 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 negative
Insight
Ackman: Top business school students lack experience dealing with failure
“The single most important thing you need to understand is how to deal with failure, and the vast majority of people who got to, you know, Harvard Business School, or pick your favorite you know, top business or law school has not had to deal with failure, and …”
Bill Ackman Apr 28, 2020 ▶ 8:36 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 neutral
Disclosure
Bill Ackman: Pershing Square Is Permanently Done With Public Short Selling
“In the life's too short kind of point of view, you know, we're done with public short selling. It's just not our thing anymore.”
Bill Ackman Apr 28, 2020 ▶ 1:33:06 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 negative
Assertion Supported
Ackman: Herbalife runs paid Google ads targeting my name
“Herbalife is still running a negative campaign about me personally, which I find fairly remarkable. The way you can see this is if you Google my name I don't know if you want to do this right now. What will pop up is an advertisement And it, the advertisement …”
Bill Ackman Apr 28, 2020 ▶ 42:49 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 positive
Insight
Ackman: Twitter gave a multi-day lead over traditional news during COVID
“And beginning sort of, as I got deeper into coronavirus, I started using Twitter actually as a news feed and found it to be very, very helpful and interesting. You know, almost having the experience of reading the news a couple of days before You read the news…”
Bill Ackman Apr 28, 2020 ▶ 16:41 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 negative
Opinion
Ackman: Some Tesla short sellers crossed the line trying to harm company
“In the case of Tesla, you know, I do think, you know, some of the short sellers went beyond the role of identifying overvaluation and their attempts to actually harm a company, and that's where I think it goes beyond the pale.”
Bill Ackman Apr 28, 2020 ▶ 41:41 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 positive
Insight
Ackman: Short Sellers Uncover Corporate Fraud Much More Often Than Regulators
“I give a lot of credit to the folks at Muddy Waters who have unearthed a meaningful number of fraudulent companies, and I've yet to find an example of a regulator finding a fraudulent company. It's either a journalist often being fed by a short seller or a sho…”
Bill Ackman Apr 28, 2020 ▶ 40:24 #82 Bill Ackman: Getting Back Up
Apr 28, 2020 positive
Opinion
Ackman: I really admire Elon Musk for handling near-catastrophe
“Look at Elon Musk. He's been on the brink of failure however many times, and it's, I think, why he's beloved by many, hated perhaps by some, but I really admire the guy in terms of how he's dealt with, you know, near catastrophe”
Bill Ackman Apr 28, 2020 ▶ 8:59 #82 Bill Ackman: Getting Back Up
Apr 28, 2020
Disclosure
Ackman: I invest in startups partly to identify potential competitive threats
“And I'm a relatively small investor in, you know, startups and I do it for fun. I do it because, you know, occasionally I make a good investment and also it helps me see the future in terms of what potential threats are coming. That might disrupt either a busi…”
Bill Ackman Apr 28, 2020 ▶ 36:32 #82 Bill Ackman: Getting Back Up
Apr 28, 2020
Assertion Supported
Ackman: Dedicated black swan funds surged 1,000% in market crash
“All they do is put on these kind of hedges waiting for disaster, and they're, you know, some of them are up a thousand percent. You know, some of the smaller ones are up a thousand percent in the last month or so.”
Bill Ackman Apr 28, 2020 ▶ 54:01 #82 Bill Ackman: Getting Back Up
Jun 9, 2020 neutral
Assertion Supported
McLean: Unlike Enron, Valeant attracted smart money like Sequoia and Bill Ackman
“With Enron, when you got to what was commonly considered the smart money, people either weren't invested in Enron, or they were short. And it was largely long-only funds and index funds, and what we think of in terrible terms, but the dumb money that was inves…”
Bethany McLean Jun 9, 2020 ▶ 15:09 #85 Bethany McLean: Crafting a Narrative
Jul 26, 2022
Disclosure
Wilkinson spent $60,000 on a charity lunch to diligence Bill Ackman
“What I ended up doing is I spent 60,000 dollars bidding on a charity lunch where I'm like, okay, I get to donate charity. I get to meet this interesting guy. And my plan was that if he was an asshole, I would sell all of it as soon as we got out. And if I like…”
Andrew Wilkinson Jul 26, 2022 ▶ 53:58 Andrew Wilkinson: Tiny Holdings
Jul 26, 2022 bullish
Disclosure
Bill Ackman's Pershing Square Holdings is Wilkinson's only public market holding
“So basically Bill is my only public holding. So that's my kind of backup retirement plan. I just keep stocking my money in Pershing and let Bill handle the public investing”
Andrew Wilkinson Jul 26, 2022 ▶ 54:43 Andrew Wilkinson: Tiny Holdings
Nov 29, 2022 positive
Assertion Not checkable as stated
Creel: Bill Ackman offered $200M when asked for $100M in unplanned capex
“I went into the board meeting, and I said, we have an issue. For me to optimize my service, I've got to run west out of Saskatoon, not east, but I need a hundred million dollars to spend on rail and ties and ballasts, and that was not planned for at all, and B…”
Keith Creel Nov 29, 2022 ▶ 59:40 Keith Creel: Lessons from Life on the Railroad
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