To quote Buffett; "Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero."
you prolly dont care but does any of you know a trick to log back into an instagram account? I somehow lost my password. I love any help you can give me!
@@henryaduma6014 we shall see what the losses are in year and a half. He cashed out last year on a previous fund. His new fund will probably have a 5 year cycle.
@@CooliewhistlesI assume this is the interviewers name. A tool. That’s how he portrayed himself from the 12 min I’ve currently seen. The daily stimuli of engaging in conversation with these multi billion dollar fund owners has inflated his ego. I appreciate the subtle jabs bill has made so far, watching the interviewer deflate, only to attempt a pitiful retort.
Anyone else notice when the tech titans shifted from hard dress shoes to sneakers? Answer, when they discovered the power of daily brisk waking. Practice the art of daily brisk walking for the mathematical benefits that payoff like compounding interest p.
Listen to his latest interview with a Brazilian businessman. It sounds like he is-- he thinks that Trump can do good things from time to time, but that he's volatile. He thinks that Biden-Harris is further left than Biden-anybody else. It was uploaded less than a month ago I'm pretty sure, so just type "Bill Ackman" on your search bar and set the date posted to "this year."
7:05 Looking at what we do: (pre 8:47): what is financial engineering, and why is it a criticism? 9:30: 15:00 A spectacular deal 22:15 another short 27:35
Bill is so right. Corporate taxes are too high in the US. Which rich country pays 40% in corporate taxes? The UK, which is more socialist than the US, has a rate of 20%. Check the rankings - en.wikipedia.org/wiki/List_of_countries_by_tax_rates
Side note: One of the serial produced watches from Patek that are hard to get. There was a movement error first time it was introduced and was not available to market for about 2 years after the introduction.
business happens in a country, a country is not a business. a country is a shared culture. culture is the synthesis of economic activity, social structure, and relationship with all resources. to me, the position taken at the beginning of the interview by the right hand side of this discussion as we’re looking at it on the screen, is flippant, and has been proven so.
Ackman comes off as considerably more aggressive in this interview. I suppose it's because of the valeant Herbalife fiasco? I mean those loses can't sit well
in simpler words , to become the type of investor that Ackman says he calls himself , is basically first u gotta have a bit of money know what ur doing to rebuild or save or make a business grow get out of bankruptcy etc lets do a example , so lets say that ur a investor trader or businessman and u have $50,000,000 so u have the money u got the house the cars the big life u can retire and just chill or u can turn that $50,000,000 into $500,000,000 so u find a company and look at its balance sheet or whatever papers u need to for what business u are valuing and what u need to find is A. a company like Enron or B. a company that is undervalued and , so lets say u find a company that is undervalued and lets say company XYZ has $150 billion dollars in cash and u say thats alot of money what can they do with it so u search up there stock on whatever trade software you use and u buy $25,000,000 worth of there stock , that gets the companies eye and then u write a letter they dont reply so u go to the news and say that they have too much money just lying around and they need to create a shareholder buyback program and they say why and u say that the stock will grow much faster and it will be good if they dont then there price will be undervalued and it will hit its value years many many years later than if u created the buyback program , so they create a buyback program and 1 month later for example company XYC went from $75 a share to $150 a share , this is bill ackman's investment style and it profits very much.
No idea why this popped up in my feed but I just lost a boatload of respect for Ackman. "Ivanka Trump...it's hard to produce children of that quality"...what the actual fuck??? Have you ever heard her speak???
Ackman as a New Yorker knows fully well that Trump is a buffoon and complete moron. But he has to praise him to ensure tax cuts and other things for his firm.
This is the interview I was waiting for to see if this guy is the real thing. The fact that he got trump so badly wrong speaks volumes of his credibility.
LOL his credibility is fine. You haven't done 1% with your life of what he has. He made the greatest trade of all time and you can look up his 13F right now, it is pristine. Be humble, bum.
The stock market appreciated more during obama, even if you ignore the covid crash. Trump also added $1T to the deficit, after it was reduced by 2/3 during the obama years, also before the covid crash, now spiking up to $5T+. He made no serious effort to push an infrastructure bill through, even though that’s the main thing he promised during his acceptance speech.
@@frontierseeksvisioningod Which begs the question -- do you still regard Bill Ackman the same way today? If not, what does it say about judging someone's capacity through a single action (i.e. Valeant)?
You can be successful business man and be conscious of the people working to make you rich or you can be a selfish jackass like Ackman. People like him think of the economy as a game for their benefit with no acknowledgement of main street.
Monsta Munch what about GDP per capita, you really think it is impressive that there GDP is higher because they have a much higher population. The wealth and business is not as concentrated as the U.S.. Out of the bigger country’s the US’s GDP per capita is unmatched. The average person in the US makes 3-4 time more then the average Chinese person.
