2min chapter

The Knowledge Project with Shane Parrish cover image

#82 Bill Ackman: Getting Back Up

The Knowledge Project with Shane Parrish

CHAPTER

Do You Do More Work Than Any Other Investor?

We don't do more work than anyone else, so i wouldn't say that. But because we manage a very concentrated portfolio, we have the benefit of going very, very deep on something and we don't need to make a decision thit is no time pressure, generally, to make a decision. In some of our most successful investments, the amount of work that was done was in the hours, as opposed to even in the days or weeks or months. We only wan e want to do the work that is necessary to determine that investment makes sense in the portfolio....

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