The David Rubenstein Show
Bill Ackman
Dec 7, 2023
Bill Ackman, CEO and Founder of Pershing Square Capital Management, discusses the 2024 US presidential candidates, AI, and the state of Harvard after anti-Israel protests. He also talks about the economy, debt repricing concerns, his philanthropy and political involvement, past successful bets, and the hiring process for his firm. A fascinating conversation on 'The David Rubenstein Show'.
24:03
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Quick takeaways
- Bill Ackman believes that the economy is weakening and there is a risk of a hard landing if the Federal Reserve doesn't start cutting interest rates soon.
- Ackman questions Joe Biden's ability to handle the responsibilities of being a CEO of a major company, suggesting that Biden should step aside and create room for alternative candidates.
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Summary of Main Idea 1
Aligned Data Centers uses a unique technology called Delta Cube to cool computer chips in its data centers, reducing energy and water consumption. The company financed a US data center using a sustainability linked bond, in partnership with Wells Fargo. The adoption of this technology demonstrates the company's commitment to sustainability in the tech industry.
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