5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP560: Richer, Wiser, Happier Q2 2023 w/ Stig Brodersen & William Green

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Vibration of Quality

William Ackman: Quality has its own vibration. Nick Sleep and his partner, Zach, who I wrote about in my book, their whole approach to investing was built around this concept of quality. That became their guiding principle for everything that they did with Nomad - which beat the market by 800 percentage points over 14 years. And so it's really interesting that this thing that sounds kind of esoteric is actually real interest to people managing tens of billions of dollars.

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