The Knowledge Project with Shane Parrish

#82 Bill Ackman: Getting Back Up

Apr 28, 2020

Bill Ackman, the legendary activist investor and CEO of Pershing Square Capital Management, shares his profound insights on resilience and the lessons learned from his upbringing. He discusses the importance of balance in life and how personal experiences shape his investment strategies. Ackman also dives into the intricacies of navigating market controversies, such as his experience with Herbalife. Plus, he sheds light on the ethical dilemmas of short selling and the significance of community engagement during economic crises.

01:42:26

Episode guests

Bill Ackman

Highlights

AI Chapters

Episode notes

Importance of Sleep, Exercise, and Nutrition in Personal Routine

02:09

The advantage of longer time horizon in investments

02:09

Dealing with Failure and Success

03:51

Admiration for Heroes and Investing Mentors

00:54

Intro

3min

Lessons in Resilience and Balance

15min

Navigating Investment Strategies and Team Dynamics

16min

Governance and Valuation in Private Companies

9min

Navigating Controversy and Market Strategy

19min

Economic Resilience in Crisis

16min

Berkshire Hathaway: Strategies and Lessons

14min

The Moral Dilemma of Short Selling

2min

Evaluating Institutional Roles in Pandemic Response

3min

10.

Teaching Values and Personal Insights on Parenting

2min

Legendary activist investor, Bill Ackman talks about lessons he’s learned growing up, raising a family, what drives him forward and back up from failure, consuming information and ideas, and facing criticism.

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