Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech | Lex Fridman Podcast #413

Bill Ackman is an investor who has led some of the biggest and controversial financial trades in history. He is founder and CEO of Pershing Square Capital Management. Please support this podcast by checking out our sponsors: - LMNT: to get free sample pack - Policygenius: - AG1: to get 1 month supply of fish oil - Eight Sleep: to get special savings - BetterHelp: to get 10% off EPISODE LINKS: Bill’s X: Pershing Square Holdings: Pershing Square Foundation: Neri Oxman conversation: Books mentioned: The Intelligent Investor: America’s Cultural Revolution: PODCAST INFO: Podcast website: Apple Podcasts: Spotify: RSS: Full episodes playlist: Clips playlist: OUTLINE: 0:00 - Introduction 0:47 - Investing basics 5:39 - Investing in music 14:00 - Process of researching companies 18:39 - Investing in restaurants 24:08 - Investing in Google 29:50 - AI 35:05 - Warren Buffet 37:14 - Psychology of investing 46:45 - Activist investing 56:33 - General Growth Properties 1:12:49 - Canadian Pacific Railway 1:20:13 - OpenAI 1:24:24 - Biggest loss and lowest point 1:39:13 - Herbalife and Carl Icahn 1:56:03 - Oct 7 2:02:34 - College campus protests 2:21:01 - DEI in universities 2:41:52 - Neri Oxman 3:07:22 - X and free speech 3:11:46 - Trump 3:19:22 - Dean Phillips 3:26:28 - Future SOCIAL: - Twitter: - LinkedIn: - Facebook: - Instagram: - Medium: @lexfridman - Reddit: - Support on Patreon: