#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Lex Fridman Podcast
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The Importance of Learning from Books and Building Relationships in Investing
Reading books on distressed investing helped in picking up the intuition, basic skills, and facts necessary for successful investing. Building relationships with great lawyers, like Joe Shanker from Sullivan and Cromwell, is crucial in the hedge fund business. Past experiences, like missing out on a major opportunity due to lack of resources and knowledge about deal-making, helped in learning valuable lessons about the importance of having the right team and resources in place for successful investments.
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