
The Slow Newscast
Ackman: A billionaire’s war on woke
Feb 13, 2024
Bill Ackman, a billionaire hedge fund manager and spearheading a broader backlash against 'woke' politics, discusses his successful campaign to topple Harvard’s first black leader, his battle of ideas sparked by Hamas's attacks on Israel, and the controversy surrounding diversity, equity, and inclusion.
35:20
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Quick takeaways
- Wealthy individuals like Bill Ackman can exercise significant influence in shaping prestigious institutions.
- Billionaires like Bill Ackman challenge the focus on diversity and inclusion, arguing against reverse discrimination.
Deep dives
The Battle of the Billionaires: A Feud on Wall Street
The podcast episode recounts a famous feud between two hedge fund billionaires, Bill Ackman and Carl Icahn, over the company Herbalife. The heated exchange occurs on live television at CNBC, with insults and personal attacks thrown at each other. The battle becomes known as the 'Battle of the Billionaires' and highlights the power and influence of wealthy individuals on Wall Street.
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