Activist Investor Bill Ackman on The David Rubenstein Show

Pershing Square Capital Management CEO and Founder Bill Ackman talks about the candidates for President of the United States in 2024, AI and the state of Harvard after anti-Israel protests on their campus. He shares his insights on "The David Rubenstein Show: Peer-to-Peer Conversations". The full episode will air December 6th on Bloomberg Television.

[@AnnaOllsson]

Investing is all about knowing bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend.I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?

[@HildaBennet]

You’re right! The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner

[@DaliaCohen2230]

On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then

[@DaliaCohen2230]

My portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

[@bartlyAD]

This sounds interesting. My portfolio is in the red. Can you recommend your analyst, please?

[@DaliaCohen2230]

’Sonya Lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@megalomedia]

If only someone had made a documentation about Bill. 🦍

[@ByzantineCapitalManagement]

There are actually.

[@frankmentado6840]

@@ByzantineCapitalManagementreally?

[@chaseteter]

One down (but not one blade)….

[@DonnaDeeTube]

yeah it would be called Mein Kampf II

[@PierceMichaelChia]

It's called "Betting on zero" about Bill got short squeeze by Icahn on Herbalife

[@vanH3141]

It's always a pleasure to listen to Mr. Ackman. He is able to precisely analyse current events and give a conclusive summary of his views.

[@jshyoungblood]

He's the worst

[@farzana6676]

​@@jshyoungblood No he ain't

[@Ellifiknow]

Bill for president. Make America sane again.

[@TheBigXav]

Bill giving himself credit for the US being the best performing market due to boardroom activism takes an amazing amount of hubris. You would think he would be way more grounded in humility because of that tough upbringing of his.

[@DonnaDeeTube]

bill ackman is a nazi and doesn't believe in free speech.

[@Aarrenrhonda3]

This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

[@Peterl4290]

These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.

[@larrypaul-cw9nk]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

[@sabastinenoah]

Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?

[@larrypaul-cw9nk]

Her name is Annette Marie Holt can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@sabastinenoah]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@vickaps]

I still remember this guy calling in to CNBC panicking and crying when Covid broke out.

[@tuckerbugeater]

And he made a super good bet that the economy was going to collapse like he knew it was coming or something

[@apollocreed1000]

He made $4bn. It was worth crying

[@PierceMichaelChia]

@@vickaps He turned $27m to $2.6B just from the corona hedge. Profiting $3.85B in total from the pandemic trade. How much did you make during the time? My old Hedge Fund was up 24% by the end of Q2 2020.

[@enteradj]

"past his prime" is a polite term for saying that he is super old.

[@marksheffield3909]

Bill, great interview, thank you. Please continue doing the right things. David, thank you for giving Bill a platform to articulate his good thoughts. You also, please continue doing the right things. The Ivy League/Hamas issue is the tip (and most visible) of the DEI iceberg. Time to pivot.

[@ejdatruth9208]

Unless you’re Jewish then you should not trust that Bill is acting in your best interest. Watch how funds flow out of DEI and into anti-Semitism before drawing your conclusions. I don’t think he’s doing the right thing by America

[@michaelzor221]

Thanks for the interesting interview. Bill is a brave and clear voice in these wicked days of moral fatigue in the US academy. We need you in politics Bill.

[@williamtaylor5193]

Bill has always presented himself well. He's obviously bright, and he's well spoken.

[@bharghavatri9487]

*BILL ACKMAN KINDA A GUY WHO SAYS ECONOMY WEAKENING AND COVERS HIS SHORTS*

[@Jonny-qn7lv]

These gentlemen are outstanding. Thank you.

[@starloszelson4541]

21:18 if it where “another ethnic group” Harvard would have been up in arms and fired people. I wonder if he’s referring to blacks? I wonder how many blacks he has hired at his firm?

[@SheridanGeorge-do9ji]

People prefer to be entertained than to get educated. 👍🏽 take advantage of market rebounds, and attain financial expansion. The commitment to staying invested demands patience, discipline, and a concentration on the broader context - a method that has consistently demonstrated rewarding outcomes in the pursuit of wealth in the financial market.

[@MarkDavis-wm9yx]

Thanks for sharing this here. A lot of beginners Like me are smashed out there every day. It's a good thing we have nice people here who want others to become successful as they are.

[@Mark-fg8iw]

Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested Shah helped raise over $580,000 in two months from an initially stagnant portfolio of $150,000

[@Isael-qk5rz]

Highly recommend him for beginners and experts alike.

[@WayneRalph-fh3ns]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. I’m 60% up in profits just in 2months with my initial capital of $160k with

[@NancySteve-dz3xp]

interacts on Telegrams, using the user name written..

[@sylph7777]

lol what is this succession ass transition music i'm dying

[@laithsabunchi2632]

Two GOAT’s

[@hanst7218]

Bill for president

[@sighsigh5372]

It's always enlightening to hear from industry leaders like Mr. Ackman, and Mr. Rubenstein's engaging interview style made this an absolute pleasure to watch.

[@arigutman]

Couldn't agree more!

[@DonnaDeeTube]

he's a nazi :)

[@industryoverviewsonthego2096]

His definition of intifada is false. You just have to google it. It means a civil uprising. Intifada is an Arabic word that literally means “shaking off”, and in the Palestinian context, it is understood to mean a civil uprising.

[@Zkilll]

Correct, and from the river to the sea means let's all live in Lalaland and sing around the campfire. Things have also context and terms of use, most ignorant people who march in support of Hammas have no idea where to place Gaza on the map. Maybe spend the time educating people to seek for deteriorating hate speech and radicalization.

[@farzana6676]

What intifada means linguistically is very different to what it means practically. Im practical terms intifada is simply a call to promote Islamist terror(hostage taking, violence, killing civilians etc.)

[@ThedsPod]

The episode we needed 🙏🏻

[@kohnfutner9637]

I like that he said the country would have to ask him to be a president rather than him putting himself out there. I also appreciate input on Biden.

[@ahmedhassan2756]

The Arabic word intifada ( انتفاضة) means "uprising" or "shaking off". It's used to describe periods of intense Palestinian protest against Israel. The term has been used to describe two major uprisings against the Israeli military occupation of the West Bank and Gaza Strip:

[@apollocreed1000]

There's no occupation. It's fake news

[@farzana6676]

Intifada is accompanied with alot of Islamist terror and history has proven it. The Gazans need to stop Islamist terror ideology. The Islamist objective to eradicate Israel will never be achieved.

[@Whatisallthisfor949]

Thanks for sharing great facts and educating. Only one correction, the correct spelling is Israhell.

[@farzana6676]

Intifada refers to periods of intense Islamist terror and the 2nd intifada proves that.

[@janiegolden5338]

This is an insightful discussion and makes the viewers like me to ponder over the current issues. Thanks for the show!

[@motwoc]

FINALLY!! After 2 weeks of torture with 1 minute snippets

[@ryanwilliams989]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@KaitlynMiller-mv8qx]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@maryHenokNft]

Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.

[@maggysterling33254]

@@maryHenokNft this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@maryHenokNft]

Conduct thorough research and select an advisor equipped with strategies that ensure steady and consistent growth for your portfolio. In my experience, *Camille Alicia Garcia* has been instrumental in the success of my portfolio, and I have confidence in her qualifications and expertise to align with your investment objectives.

[@StellaMaris-lv2uq]

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Camille.

[@averagemillennialinvestor]

Bill says he doesn't do much activist style investing anymore...first word in title is Activist Investor LOL

[@varunjain5789]

Always a pleasure..

[@yennieshen9745]

We need Mr. Ackman to be our president. The country needs you at this critical moment. The country running out time, no time to waste… Please, as a citizen of our proud of this nation, we must beg you 🙏🙏🙏

[@ClementInnocentJean]

Bonswa koman nou ye ,eske dosyem nan ponko soti?

[@extrememike]

Always love to hear how Bill and other successful investors start their journey. A common theme I've seen is a combination of luck , personal drive and taking advantage of the right opportunity.

[@DonnaDeeTube]

you like nazis?

[@odumfrancis2157]

Been loving Ackman's recent tweets

[@patrickmccarthy5617]

Tweet? Haha. Shit is more like a memo 😂😂

[@alwaleedalqhtany2525]

هارفرد بلا بلا بلا .. عندما كان يتحدث عن الاستثمار والمال والاعمال كان يتخبط ويتردد في ذكر ووصف سيرته المهنيه ولكن عندما تتحدث عن الاجنده التي يستفيد منها ويحمي امواله بسببها انطلق فالحديث واتهام الفلسطينين ومن يساندهم ويدعمهم 😒

[@faronskelton4085]

Another excellent interview. Thank you sir

[@tylerehamilton7125]

Idky, but every video I see that has bill in it, I watch straight to the end

[@BristolBerg]

Bill is a walking contradiction. He states he supports Israel at all cost and then says he supports the Palestinian plight. He targets the Harvard dean for being ineffective and neutral on campus Israel/ Palestine conflict, calls her a diversity hire and he himself is a legacy alumni who would not have gotten in on his own merit. He is also the Jim Kramer of the HF world, he states his position publicly while staking against his public position privately. Carl Icahn already called him out long ago. The last thing we need is this guy thinking he can run the country.

[@victorblock3421]

Better put than I can do. Ackman is just one of many thousands who have sided with these NaziCommunists from day 1. He is now only or maybe coming around to reality(not) because he's no longer welcome to the party but yet still stupidly insists he's "for a 2 state solution". What a more-on. He just doesn't get it and never will. If he wants to be just a bit serious, at least match his tens of millions in donations with donations to Yeshiva university and other such places he wouldn't want to be caught dead in.

[@JG-re2bb]

He has also been contradictory on his inflation/interest rate forecasts

[@mikemike230]

Well said

[@JG-re2bb]

@@mikemike230 He is getting ready for a political career by refusing to take a position

[@mikemike230]

@@JG-re2bb he is really slimy insincere person

[@lebonthite]

Well Bill I'm South African and I'm asking you to be the President of United States. 🙏👑

[@emmanuelbanjo5159]

The boardroom activist himself, Bill Ackman!

[@mabedi94]

Intifada means rebellion or uprising btw - not what Bill said.

[@charlesbrown4941]

When in the context it is being use currently it is…. As he says.

[@Aigberaedion_Samson]

Partner with Nigeria we have good resources like Iron ore, coal, limestone, uranium, barite, natural gas, zinc, also petroleum…

[@blakeskolnick6750]

Crazy that his bet on rates dropping faster than expected was just iterated by the fed at 2 p.m today and now the market is pricing in 2-3 interest rate hikes in the next year for the exact reasoning of his thesis.

[@Bottlewater123]

For real about time appreciate it sir

[@Alfonsosilva6]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[@ChristophAdino12w2]

I'm surprised that you just mentioned Veronica Hoy here. I met her at a conference in 2018 and we have been working together ever since.

[@Camillalambertilee2123]

The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

[@HannahWhite-r]

Hoy's expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.

[@Lunlun07]

You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

[@SophiaMia2008]

I'm new at this, please how can I reach her?

[@TWWIW]

Finally lol I had enough of those teasers

[@Gocrimsonh]

Please interview Taleb! Love your content. I think it would make for a great conversation.

[@jessescott3558]

Love Bill

[@AllGrindNoGimmics]

I like Bill.

[@vanshkhanuja8611]

Much awaited!

[@TheNemkris]

His wife is a Brad Pritt activist

[@tartare4841]

This guy was wrong about China and KSA. He shorted them while they're real rockets.

[@cindycotton859]

More men like Bill Ackman need to speak up. I just thought Bill was another hedge fund guy. Harvard is beyond disappointing. I am so grateful my family nor I could afford to send me there. Whew.. dodged that nightmare... thank you David for the insightful thoughtful questions. Thank you Bill for your honesty. that goes a long way.

[@alica450]

Thank you for speaking out against anti semitism.

[@kriterium123]

I respect Mr Ackman a lot but I think there is no way that a minority of Americans would vote for him

[@Brararaf101]

He would make a great president for sure.

[@mohanrdy2262]

When Stanley Drunkenmiller interview is coming

[@arigutman]

Now this is the interview that I have been waiting for, thank you for making it happen... Bill Ackman is one of my favorite investors, and I always find value in his insights.. I appreciate his investing approach and after changing my portfolio to model his 7-10 stock focus... WOW, the results have been incredible... Looking forward to every word of this interview.

[@markscott2026]

What is his "7-10 stock focus." I just tried googling it and didn't get a good answer.

[@islandcactus1508]

@@markscott2026it’s the “magnificent 7” +/- 3 other stocks. Further to that we Jews also have the 1/3 rule: 1/3 equity, 1/3 real estate and 1/3 liquid. It’s what keep us to be on top! We own it!

[@MTtroutfisher406]

Invest in 7-10 good stocks instead of diversifying.

[@markscott2026]

I see! Thank you for that. Just happened to read about how much Buffett made/makes from 4! But I am, as so often, too little and too late.@@MTtroutfisher406

[@G-ManDude]

I've only ever invested in a total of 4 stocks. Never more than 2 at a time. Invested in what I believed in would do better. I did well. Juggling many stocks only benefits brokerage houses through fees. Let the Quants eke out stellar returns by trading daily. Find your Apple/Amazon/Amd and stick with it. Make the long bet based on your understanding of the variables. Get greedy and you'll lose. Get out when you have enough.

[@Lazaven]

Time has proven him wise

[@elmarketprofileclub3141]

siempre es bueno escuchar a Bill Ackman

[@nycotter3576]

Is there a part 2? It ended so weirdly abruptly

[@TimG--]

Well done !!!

[@Max-ey6bv]

What he said about Biden is 😮

[@charlesbrown4941]

It’s the nicest way you can say JB is a senile old fool.

[@afrocraft1]

Why we lionize all these billionaires who make money from non-public information obtained through access to politicians they fund is beyond me.

[@wolfofoptions12]

How would there be a 100x bet on the fed "cutting a few months early..." market seems to be pricing it in already

[@setionos]

Ackman is basically Bezos with hair

[@Omar-sq6zz]

anyone knows which suit is this?

[@HaedenBeck]

Great investor and great interview.

[@Henrychanj]

happy to watch two legends at the same time

[@no_self]

I would 1000% vote Bill Ackman for POTUS!

[@chunweichan746]

Ackman is on his way to Buffet like status. He’s more than about investing he’s about doing what’s right.

[@jackbailey7037]

Imagine being David Ruenstein and being forced to carry water for Bloomberg's turgid politics.

[@jron20r51]

I knew the man's name and face, but not anything about him. I feel that people like him, with his money behind him can change what is happening in Middle East. There is no easy out here, the time is up for " business as usual" Israel. Without a new way looking at it will become a blood bath for everyone. He looked like a rower..

[@ahmedhassan2756]

That from google

[@johnkelley5560]

He exemplifies excellent virtues and character. To the extreme detriment to our republic, we have a dearth of such people in dearth in politics. I dread the upcoming presidential election.

[@timbuktu93]

Ackman isn’t a “young professional,” Mr. Rubinstein. Ackman did throw a temper tantrum like a child when Harvard’s president didn’t respond to him.

[@charlesbrown4941]

If I give millions to a business/institutional the person running that place better write back to me.

[@timbuktu93]

@@charlesbrown4941 Harvard has a $50.9 billion endowment. Go pound sand.

[@rogermuthama3907]

Brilliant explanation on rates being cut. Already saw some Market activity hinting at this, like the gold rally. Decision time on Dec 13 let's wait and see.

[@wise5674]

David slightly dropped the ball by not asking Bill exactly what he would want Harvard to do. Suspending college students for airing their views is un-American and uncollegial.

[@apollocreed1000]

Would harvard suspend students if they used the 'N' word against an African American? After all, it's just a word to make the African American feel of a lower status than other people, but it's not calling for their murder. Why is that kind of free speech likely to get them expelled but cheering and calling for the death of Jews is just free speech?

[@able101g]

20:04 Intifada means uprising or resistance against illegal occupation.

[@romeo20maypole68]

Smart big picture guy & right on the Geo. just wish his hiring was not so strict...i.e. elites only club🤑

[@connerwhitton8872]

Fantastic conversation. Thanks for uploading

[@ahmedhassan2756]

I want to correct about intifada is it Arabic word mean uprising so that not correct mean killing

[@superSIZEmee]

#BillAckmanIsDangerToSociety

[@BlauveltBurns]

Thrill Bill

[@MRZE506]

Would love if you can interview the higher research the group that exposed carl ichan

[@soccersprint]

Can Bill Ackman talk about his wifes plagerism?

[@Carlospenamusic1]

Did he actually say “Woke? Wow, what a shame.

[@renegadeprince100]

Why is that

[@aKimFersher]

Why is it a shame

[@TaataGeo]

Bill has nice hair

[@victorblock3421]

he always gets those compliments down on Christopher street.

[@darrylcoleman4347]

This interview was right on time and your book was completely awesome. I love that book. Send me down the path of lots of other things. Much appreciate you!

[@MiaK06]

Which book? Book by Rubenstein or Ackmann? Would you mind pls sharing the title? Thank you

[@alpha_seeker057]

Good Interview. But I was hoping David would bring up the Herbalife fiasco that Ackman had to experience - one of his major wrong bets.

[@0524432]

Bout time!

[@frankbeneditto2648]

David you are one of the best, however, I cant say the same for Mr Ackman.

[@Savisman]

I love the interview and I think Bill is a very smart Guy. However the meaning of “intifada” is not to kill Jews but to “shake off”.

[@charlesbrown4941]

It is when used in the context ‘from the river to the sea’ as he explained.

[@Idisposable-v8t]

Now I know who ruined Tim Hortons.

[@hnc098]

Bill and Andrew Ross Sorkin look a lot alike.

[@fawazhfalfawaz6059]

Intifatha literally doesnot mean kill the jews or anybody .

[@oceania2385]

Then why does it involve random bombings ?

[@charlesbrown4941]

It does when it’s being used in the context it is currently…as he says.

[@theGefilteFist]

more of an Acktivist investor

[@superSIZEmee]

#BillAckmanIsADangerToTheWorldCommunity

[@devoneddings3530]

Imagine him being President? You can say goodbye to Palestine and the Palestinian people.

[@MikeOuzoun-m5n]

I’m doing any think wrong

[@superSIZEmee]

#JeffryEpsteinAndBillAckmanRelationship

[@kelvinl.3816]

so true. We don't want Biden vs Trump again. Neither are great presidents. Yet our political system will probably fail us again.

[@ona2779]

Now I know why people don't respect Bill Ackman - this interview reveals a lot about Bill's personality.