What motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.
BILL ACKMANWe invest generally in very good companies that have lost their way. And with better management, enormous value can be created.
More Bill Ackman Quotes
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I am always prepared to do the right thing regardless of what other people think.
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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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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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Investing is one of the few things you can learn on your own.
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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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I think good private equity investors create a lot more economic value than they destroy.
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I’ve seen very few people in the world accomplish anything unless they were optimists.
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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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Ultimately, investors are – are only as good as their track records.
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You can learn investing by reading books.
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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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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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I’m a very straightforward person. I say precisely what I think. Sometimes it rubs people the wrong way.
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I want to have one of the great investment records of all time.
BILL ACKMAN






