What the market tells you in the short term is what a certain subset of people believe. That doesn’t mean they’re right.
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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You should surround yourself with people that believe in you, in life, and in business.
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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 want to have one of the great investment records of all time.
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Investing is one of the few things you can learn on your own.
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I’ve seen very few people in the world accomplish anything unless they were optimists.
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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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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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I think good private equity investors create a lot more economic value than they destroy.
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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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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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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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In order to be successful, you have to make sure that being rejected doesn’t bother you at all.
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What I love about tennis is that I’m better now than I was when I was 20.
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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 am always prepared to do the right thing regardless of what other people think.
BILL ACKMAN