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.
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 can learn investing by reading books.
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You should surround yourself with people that believe in you, in life, and in business.
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I think good private equity investors create a lot more economic value than they destroy.
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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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Investing is one of the few things you can learn on your own.
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Ultimately, investors are – are only as good as their track records.
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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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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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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 want to have one of the great investment records of all time.
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I’ve seen very few people in the world accomplish anything unless they were optimists.
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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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Experience is making mistakes and learning from them.
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What motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.
BILL ACKMAN