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Bill Ackman Quotes
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Experience is making mistakes and learning from them (Bill Ackman Quotes)
Preserving the 30-year prepayable fixed-rate mortgage - it’s like the bedrock of the housing system - is critical (Bill Ackman Quotes)
Investing is a business where you can look very silly for a long period of time before you are proven right (Bill Ackman Quotes)
I think good private equity investors create a lot more economic value than they destroy (Bill Ackman Quotes)
If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers (Bill Ackman Quotes)
As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven’t done enough research into any of their companies. If managers have 200 positions, do you think they know what’s going on at any one of those companies at this moment? (Bill Ackman Quotes)
It is a certainty that Herbalife is a pyramid scheme. We believe it’s harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid (Bill Ackman Quotes)
I’m an extremely, extremely persistent person. Extremely. And when I believe I am right, and it is important, I will go to the end of the earth. (Bill Ackman Quotes)
Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud. (Bill Ackman Quotes)
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 Quotes)
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 Quotes)
You can learn investing by reading books (Bill Ackman Quotes)
I am always prepared to do the right thing regardless of what other people think (Bill Ackman Quotes)
I was a little bit of a cocky kid (Bill Ackman Quotes)
If I believe that I am right, I will take it to the end of the earth until I am proven right (Bill Ackman Quotes)
In order to be successful, you have to make sure that being rejected doesn’t bother you at all (Bill Ackman Quotes)