What motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.
BILL ACKMANWhat motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.
More Bill Ackman Quotes
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Ultimately, investors are – are only as good as their track records.
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I want to have one of the great investment records of all time.
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Investing is a business where you can look very silly for a long period of time before you are proven right.
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If I believe that I am right, I will take it to the end of the earth until I am proven right.
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What the market tells you in the short term is what a certain subset of people believe. That doesn’t mean they’re right.
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I have more money than I need. I don’t need to work for a living. I do this because I love what I do.
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In the investing business you need a – a high degree of confidence but you also need a high degree of humbleness and you have to balance those two… Humbleness comes from mistakes.
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Let me win? That doesn’t exist in my house. No one lets anyone win. Fight to the death.
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We invest generally in very good companies that have lost their way. And with better management, enormous value can be created.
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I think good private equity investors create a lot more economic value than they destroy.
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I love what I do. I don’t do it for the money. I work on behalf of investors that I like and want to do well for. I’m a competitive person.
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Everyone told me it was a really stupid idea to start my own hedge fund right out of business school. That’s how I knew that it was a good idea.
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I’m not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making – just the facts.
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The untold secret of McDonald’s is that when you sell a restaurant to a franchisee, sales typically go up a lot because the franchisees do a much better job managing the store.
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I’m a very straightforward person. I say precisely what I think. Sometimes it rubs people the wrong way.
BILL ACKMAN