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#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

Lex Fridman Podcast

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Learn from Mistakes and Solidify Core Principles

Despite facing a reputationally damaging failure, the speaker did not give up and learned from the mistake. They solidified their core investment principles, which were previously discussed but not written down, by engraving them on a piece of granite like Moses' 10 commandments. This act helped guide the team and protect the company's reputation, leading to an incredible run post the failure.

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