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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.

Bill Ackman

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.
BILL ACKMAN

Live Love Money Myself Need Work
What I love about tennis is that I’m better now than I was when I was 20.
BILL ACKMAN

Better Love Myself Sports Tennis
What motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.
BILL ACKMAN

Drive Motivational Myself People Success
We invest generally in very good companies that have lost their way. And with better management, enormous value can be created.
BILL ACKMAN

Company Creation Goodness Investment Management Value
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.
BILL ACKMAN

Better Management Sales Secret Sold Store
In order to be successful, you have to make sure that being rejected doesn’t bother you at all.
BILL ACKMAN

Inspirational Order Rejection Success Yourself
I want to have one of the great investment records of all time.
BILL ACKMAN

Greatness Investment Myself Record Time
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.
BILL ACKMAN

Decision Emotional Fact Investment Myself Purity
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.
BILL ACKMAN

Competition Investment Love Money Myself Nature Person Work
Let me win? That doesn’t exist in my house. No one lets anyone win. Fight to the death.
BILL ACKMAN

Death Existence Fight Home Myself Win
I’ve seen very few people in the world accomplish anything unless they were optimists.
BILL ACKMAN

Accomplishment Myself Optimism People
I think good private equity investors create a lot more economic value than they destroy.
BILL ACKMAN

Creation Destroy Economics Equity Goodness Myself Private Value
Investing is a business where you can look very silly for a long period of time before you are proven right.
BILL ACKMAN

Business Evidence Investment Right Time Yourself
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 ACKMAN

Believe Marketing People Right Short
I’m a very straightforward person. I say precisely what I think. Sometimes it rubs people the wrong way.
BILL ACKMAN

Myself People Person Thinking Wrong
Investing is one of the few things you can learn on your own.
BILL ACKMAN

Investment Learning Yourself

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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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.

Related Topics

Popular Authors

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