Ultimately, investors are – are only as good as their track records.
BILL ACKMANUltimately, investors are – are only as good as their track records.
BILL ACKMANI’ve seen very few people in the world accomplish anything unless they were optimists.
BILL ACKMANWe invest generally in very good companies that have lost their way. And with better management, enormous value can be created.
BILL ACKMANWhat the market tells you in the short term is what a certain subset of people believe. That doesn’t mean they’re right.
BILL ACKMANIn 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.
BILL ACKMANIn order to be successful, you have to make sure that being rejected doesn’t bother you at all.
BILL ACKMANI have more money than I need. I don’t need to work for a living. I do this because I love what I do.
BILL ACKMANThe 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.
BILL ACKMANI’m a very straightforward person. I say precisely what I think. Sometimes it rubs people the wrong way.
BILL ACKMANI am always prepared to do the right thing regardless of what other people think.
BILL ACKMANI think good private equity investors create a lot more economic value than they destroy.
BILL ACKMANI want to have one of the great investment records of all time.
BILL ACKMANEveryone 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.
BILL ACKMANIf I believe that I am right, I will take it to the end of the earth until I am proven right.
BILL ACKMANWhat motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.
BILL ACKMANWhat I love about tennis is that I’m better now than I was when I was 20.
BILL ACKMAN