2min chapter

The Knowledge Project with Shane Parrish cover image

#82 Bill Ackman: Getting Back Up

The Knowledge Project with Shane Parrish

CHAPTER

Buffet Is a Better Deal Than We Aren't

I think in ten years, you know, were we now have a pretty clear path it. I mean, your geing a way, w your fees? Oh, backed away the fees. No plans to do that. A you unlike buffet, who, you know, rouns ranet really one person operation and has an accountant, anda couple of assistants. You actually charging fees enables me to incentivize and pay the people work with. But yes, buffet is a better bargain than we aren't, aswe we do chargeles away....

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