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

[@lexfridman]

Here are the timestamps. Please check out our sponsors to support this podcast. 0:00 - Introduction & sponsor mentions: - LMNT: drinkLMNT.com/lex to get free sample pack - Policygenius: policygenius.com/lex - AG1: drinkag1.com/lex to get 1 month supply of fish oil - Eight Sleep: eightsleep.com/lex to get special savings - BetterHelp: betterhelp.com/lex to get 10% off 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

[@DeryaEmel]

baby dont shave your beard please

[@sumitdutta7043]

Hey Lex can you invite Swami Sarvapriyananda to discuss Hinduism since you have already invited priest etc from other religions. Many indic religions remain.

[@5kplamse]

Where is PUTIN?!

[@QML408]

@lexfridman - Thank you for your podcast. I didn’t even need to watch this one because I know the story and don’t need to hear Ackman lie. I think that Bill Ackman is a complete dirtbag and con artist. I despise people like him. All he did was sell short on Herbalife, then artificially influenced the market to get the stock price to drop. Thank God Carl Icahn was there to take the opposite position and scalp Ackman for $1B. Ackman’s claims against Herbalife were all investigated by the FTC and SEC, but no wrongdoing by the Herbalife business was found and there’s no enforcement actions taken against Herbalife. I don’t believe Ackman is a true billionaire through honest hard work. From all appearances, Ackman tried to disparage this company so he could gain a massive profit. What is so dirty about Ackman is that he has made his money off the backs of retail investors who do not have access to manage a hedge fund and influence the market. Ackman can direct those managers to do his bidding and bilk the retail investors out of their hard-earned money, which destroys their American dream. Carl Icahn’s investment in Herbalife drew the line in the sand against Ackman, who doesn’t appear to have any morals or integrity. Ackman looked to destroy the lives of the Herbalife employees and customers for his own greed.

[@Jim-kc3gx]

😮😮

[@IvanIvanov_1099]

Lex, can you invite Mr Buffet to your podcast? I think a lot of people will appreciate it

[@alejandrosalcedo1838]

Hahahhahaahah

[@FireSideChitChat]

He would probably describe the same concepts as Bill, but we would have to listen to his grainy old voice for 2-3 hours

[@Austin6403]

@@FireSideChitChatany disrespect for the GOAT of investing is shameful

[@deividsalomon9872]

I would love that

[@NK-mr3rh]

@@Austin6403very shameful

[@themauiwaui]

Out of all the pearls of wisdom in this chat, "nutrition, sleep, exercise, a little progress every day, and a walk with a friend every night" might be the best of them. A good recipe for happiness. 1:38:04

[@alanwilliams9363]

And a small loan of $300 million from JP Morgan.

[@Skbrvrisjsbdvetjtrbejudb]

@@alanwilliams9363he literally needed it in a moment of despair to save his company from going bankrupt, you really think he enjoyed doing that?

[@Dan.50]

@@alanwilliams9363 Exactly! Work hard, play by the rules, say your prayers at at night and oh yeah, have wealthy friends!

[@goodfty]

I don't believe in seeing friends daily. The other stuff is obvious however "little progress" doesn't make much sense either, either do a lot or a little. This is like some "live laugh love" stuff. The other stuff is obvious and some isn't in your control to the extent it's suggested.

[@deejay7339]

defeatist attitude will never get you success @@goodfty

[@0xBenjamin]

This was a great interview. I never knew this side of Bill. Lex, interviewing more juggernauts in the financial world would be awesome!

[@ezeqruls]

Can you be specific. I didn't know he revealed anything that he didn't want revealed. This was a 3.5 hours public relations event.

[@dizzzzzzler]

@@ezeqrulsThe first hour was just him being a hype man for his portfolio. I guess that’s his job though.

[@dancode9738]

Facts.@@ezeqruls

[@CubeParrot1]

Agreed, finance is often overlooked.

[@crazypato3752]

​@@CubeParrot1why

[@revtheory]

I just want to comment, the interview was fantastic, but I also want to credit Lex and his team for the quality of sound. I have had hearing issues over the past 4 years, hyper sensitive to the poor sound, that is all over this new internet form of media and information, a lot of times the sound is overlooked, you just accept it. But when it's dialed in, it is such a treat. And every time I listen I am so pleased in the interviews but also the great Sound!

[@Helen-dr3oh]

Perfect sound.

[@orec1424]

The "Active Investing" section of this interview is absolute gold. Thank you Lex and Bill!

[@乂]

Lex has the most interesting podcast on KZbin hands down

[@endgamefond]

How on earth you got 6m subscribers and only posted 3 videos?

[@MarkLawsonY3K]

Is hate speech a subset of free speech? If you can't support the ability to say, write, think, the most horrible of topics... you aren't for free speech at all. IMHO 🎉

[@Thrownat]

Lex is an insult to Russians. Oh look another jew billionaire. Maybe ask him how many boys he's diddled.

[@Thrownat]

This boy is a clown

[@Thrownat]

Another jewish billionaire.

[@Slaxsvo]

Please interview more financial figures! Loved this, and have been following Ackman for a long time

[@stephenmcinerney9457]

Please don't; Lex didn't push back against Ackman's narrative once... it was 3.5 hours of PR (he becomes vague other than insisting he personally didn't make the plagiarism allegations against Gay: Christopher Rufo did. Does Ackman fund Rufo's foundation?). I totally believe the anonymous Jamaican cab driver story is representative; how about talking to pharmaceutical patients who were price-gouged by Valeant during the Ackman time? Only interview financial figures who can be objective: Buffett, Philip Pilkington. Although, I'd love to see Yanis Varoufakis go 15 rounds with Ackman.

[@the_notorious_bas]

Jim Simons would be gold

[@EmilRadsky-ll8kx]

@@stephenmcinerney9457 are u communist?

[@lyndonrichards5279]

​@@stephenmcinerney9457what a brilliant man. Great interview.

[@Nityavidyardhi]

we need Ilya Sutskever , Andrej Karpathy and Andrew NG back with latest developments!!

[@seeknndestroy420]

Thats it!

[@Nityavidyardhi]

@@seeknndestroy420 Ya , let's get all of them from open ai and Google deep mind once again! That's the difference between lex and Joe Rogan!!!

[@nanow1990]

they are probably not allowed to give interview

[@daarom3472]

this isnt an AI podcast anymore. I still remember the good ole days!

[@carvalhoribeiro]

Yes

[@endgamefond]

What I like about Lex is he is a good listener. He is a simple man and a good listener.

[@out_spocken]

He's also a smart person. It's all well to listen but you also need to ask the right questions and/or know how to respond or be the type of person with the type of perspective that responds in a way that furthers the conversation

[@amayer171]

It's all thanks to chipotle. Starts with a good diet

[@Evelyn34289]

Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?

[@Andersson-g2n]

Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.

[@Andersson-g2n]

It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.

[@Williamsvensson-o5g]

I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Amalia Bunker

[@Trisha-z8p]

Talking to an expert like Amalia Bunker to reshape your portfolio is a very smart move

[@JohnClinton-g2p]

Amalia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery

[@christopherdennis6785]

Another among many examples of how platforms like this add extreme value to our lives. Unimaginable a few decades ago.

[@FenjaminBranklin95]

I actually went to the Dartmouth discussion after the attack on October 7th. I was extremely impressed by the panel. Given the circumstances, the room was full of tension, mixed emotions and rage. The room was extremely diverse. Many Israelis, Muslims and curious students. Overall, the professors on the panel did an incredible job and was happy to be a Dartmouth student that day. Looking back I am surprised to see how few institutions actually had an open discussion about the situation in Gaza/Isreal.

[@humanbeing5300]

this interview is a goldmine of knowledge in the first hour at least. Very impressed with Bill Ackman

[@LeonardoGrigio]

He was flawless. I’ve studied this a long time. Keeps it simple for the interviewer. And, Lex is brilliant of course!

[@deejay7339]

Been lucky to come across Bill in person, solid guy just like on the podcast.

[@MatthewPendleton-kh3vj]

I'm glad you left room for people to question the second half, where some truly ridiculous things were said.

[@LisaHastings-c4j]

Lex asks the best questions of any podcaster I have ever listened to. I think it’s because they are both so genuinely driven by curiosity and informed by lots of research beforehand. Keep up the great work Lex!

[@garyerrington625]

I think it is intresting how he says activist investors are almost always good and have the best interest of the company but then he says his own company had an activist investor which pushed him towards his lowest point and resulted in him closing his original fund

[@raccoonduck5406]

Listened through Spotify, came here just to like again. Amazing interview, it's heartening to see more leaders awakening and standing up against what's wrong.

[@Shambayamiti]

"The world is not gonna ask your permission to become what it's becoming." Lex is a verbal Sniper.

[@bananohands]

Exactly why when real artists wake up and publish all THEIR WORK on chain (blockchain, nft) and stop letting vampires like bill hold them under contract for life... his business of capturing talent will be worthless. Before these guys use ai to copy everything, because they lack any talent themselves, they merely have the advantage, the luxury of time and silver spoons, there's nothing special about this man ackman.

[@omid_saedi]

It seems near impossible, but interviewing Grigori Perelman would be impeccable.

[@esoterickaplan]

This is probably impossible as he is a complete recluse and I am not sure Lex's Russian is good enough to have complex conversations about math. But yes this would epic.

[@l.s.754]

Gregory Perelman, is Mathematician, who lives reclusive life style., in his one bedroom apparent. In St Petersburg , Russia. I doubt he would agree to an interview. He refused $1,000,000 prize. However, it would be a great interview.

[@rocketPower047]

He's too busy picking mushrooms

[@mouaadibnelaryf6848]

He doesn't like interviews, he doesn't want to be famous.

[@GalenMatson]

Are you guys bots?

[@davidfrankel9267]

If you learn nothing from this podcast, it's what REAL resilience is about. Another spectacular job interviewing

[@kwnpa4055]

If Ackman was bald he would resemble Jeff Bezos

[@SafetyLucas]

Makes you wonder...

[@CC-pe1kz]

plz do more money managers lex this was beautiful

[@callspreadzero854]

Home run Lex! As a longtime subscriber it’s been an absolute pleasure watching the platform growth. And a big thank you to Mr. Ackman. Incredible episode.

[@rokker333]

The quality of content you produce continuously over the years is absolut outstanding.

[@Madalinn..]

"How can you explore how to think when you're only shared a certain point of view?" This interview was by far one of the best interviews I have ever watched. So much information, so much vision. We should protect those two guys at all costs.

[@mikefallert1306]

I’m new to investing, and l've lost over $30K trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations on investments you have.

[@AaronTilt]

The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.

[@walkjar-q7s]

Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension 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 my funds and make profit from my portfolio this red season. I’ve made over $250k since then.

[@camille_ann3]

Great! mind if I look up your advisor please? only invest in my 401k through my employer as of now, but enthused about investing for my eventual retirement

[@walkjar-q7s]

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, “Teresa L. Athas” turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

[@camille_ann3]

Thank you for saving me hours of back and forth investigation into the markets. found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.

[@eulier1]

This is the kind of conversations need for any who wants to build their business to gain perspective and see what you can apply. Shout out to Lex and Bill. Thank you.

[@tobilytle5737]

❤Thank you for bringing Bill Ackman to your broadcast. Bill speaks for the (too large) silent majority on this planet. I will be looking around for more time to listen to Bill Ackman.

[@estudioaurora]

I’ve become wiser from this conversation. Thank you both.

[@svetlinkaradzhov5841]

I think this is hands down one of the best talks with a finance professional out there - and I watch a lot of those. Mr. Ackman shared so much with the world to the point that can really help a lot of people to get there heads around the investing world and some of the intricacies involved in the business. So much value for free :) Thanks to Lex for making people like Mr. Ackman share their priceless experience with us! I can't express enough my utmost respect and highest appreciation for both gentlmen!

[@bcal5962]

This was absolutely EXCELLENT! To see Bill talk in person like this after his tremendous fight against Wokeism and DEI was amazing. For some reason I thought he would in general carry himself more aggressively but instead he seems the most calm, clear minded guy around. Watched this over the weekend while training in Zwift - great combo!

[@Vizion512]

Bill Ackman is 1 of 1. No Billionaire kicks it how he kicks it with sharing valuable information, and giving insight to private investing/equity.

[@donoskeys]

The Jamaican cab driver was a nice story.

[@maarcoo76]

Yes indeed he made50X, but I don't know to put all your eggs in one basket :(

[@RishabhSharma10225]

Timestamp please?

[@RockmannMusic]

I'm happy for that guy : )

[@SebHo773]

You made my sunday, thank you! What incredible life lessons told in a very easy to understand and applicable way 🙏🏻 greetings from Germany

[@MikeUK901]

I am a home-grown investor with 10 years experience that is making money on regular basis and started to live from it and I can say that this is probably top3 most valuable podcasts about investing I ever seen and I seen hundreds if not thousands. So if you are starting investor, watch closely you won't regret. Everyone: "Bill what you do - you don't anything about distressed investing and bankruptcy investing" Bill Ackman: "But I can read - and I learned" The amount of this type simple wisdoms in this video is insane.

[@jared2lit]

Thanks for having Bill on!!

[@Seamantics]

Did you ask him about tanking the market early 2020 with his ‘emotional’ fear mongering CNBC phone call, cashing out billions in his short position?

[@LambdaTheory]

Bill Ackman didn't tank the market. Everyone sold on the lockdown plans.

[@guraminiro]

why are you exposing his only strategy ?for all situations ?

[@WizardOVOz]

Sounds like you were dumb enough to listen instead of making your own decision. I guess all those people that read research reports (buy and sell) are all idiots for following the advice. Bottom line… like everyone else he gave his view… you just blame him for what followed.

[@kindnesslove5482]

LOL it was Covid that tanked the market. He is not that influential he can wreck the entire global market. Then FED stepped in ALL IN and that was always what needed to happen to save market.

[@SuperRichyrich11]

Why would Lex actually ask a tough question that gets at his guests controversies? Did you see his Tucker Carlson interview? Pure unhinged insanity.

[@thegambalingsuit555]

Free knowledge take what you can

[@crazypato3752]

Why

[@ramirohil]

He talks about plagiarism in such a biased way, when it comes to his wife it is all justifiable, common knowledge and exempt, but the Harvard president all her work is plagiarism? He said that he doesn’t like hypocrisy while he is literally applying it within less than a 30 minutes 2:52:57

[@maggirae1961]

Fascinating interview--a total example of an individual who believed he was about personal gain and was truly asleep to all that has been going on for decades without taking the time to question huge subjects. To say he is late to the party is obvious. He still has a great deal of introspection to achieve. I am glad for him that his journey is finally moving to a real human direction.

[@jessicapadgett7345]

Lots of very valuable information in this. This is why I love Pods. Thanks Bill and Lex!!

[@alanrobertson3172]

Brilliant guest- lived the Harvard analysis.

[@IlmarBeekman]

I like the way Mr Ackman thinks. I really hope our financial system has more men like him in charge.

[@out_spocken]

I'm wondering if he invests for good change and money is the byproduct....or invests for money and good change is the byproduct.

[@amarg959]

Just the right person to ask about a Jewish/ Muslim conflict

[@samaypande5646]

40:35 general advise , 1:05:05 reading, 1:36:48 dealing with lows,2:02:20 continue

[@mahirhaque1801]

Man I have been waiting for this for a long time. I don't agree with a lot of what Bill says but he is one of my heroes.

[@siddharthkshirsagar1415]

This episode is worthy of a documentary or a book.

[@eddiemeese1218]

Fascinating interview. Such high respect for Ackman.

[@slickjohnson7976]

Dudes a simp

[@retirementplanner]

​@@slickjohnson7976 you should- his wife supported him and he supports her. ackman is a great husband actually and a total chad

[@motwoc]

Halfway through and I want to rewatch this. This is gold!

[@Benjiforthemoon]

#413 should be labeled as Lex’s most intellectually valuable episode to date.

[@JoseMaria-youtube]

What a great interview. Insightful, educated and full of lessons. Bill has a brilliant mind and you can sense how calm, thoughtful and conscious he is when answering the questions. It is amazing to understand the pressures he had to go through while at the bottom of his career while showing greatness and betting on himself to be back again. Thanks for the interview Lex, great style really.

[@Mid.G.]

This might be my favorite interview this year, very insightful both personally and professionally.

[@marcgirard7551]

This might be the best podcast I’ve seen. Bill is amazing and Lex did a fantastic job interviewing.

[@markdatheist9179]

2:02:00 "Gaza could have been a tourist destination" Gaza is functionally a concentration camp populated by minors and descendants of refugees forcefully displaced by Israeli militias. These people live in an incredibly densely populated arid territory and are constantly bombed, spied on, isolated from trade, blockaded from basic neccesities etc. Yea, a recipe for a tourist destination tion indeed. More ignorant words have rarely been spoken. This guy is indoctrinated by Israeli propaganda and ignores the last 120 years of incredibly well documented history

[@Madalinn..]

That's the comment of a indoctrinated Palestinian propaganda guy. Guess you're no best than him at this. At least he did something with his life.

[@fortyminutes]

Absolutely correct. Important point.

[@SafetyLucas]

Key words: "could have been"

[@TheSmartLawyer]

Bill is correct on Gaza, HMas, terrorism, and that which COULD have been

[@projectvolna]

Great conversation. Really enjoyed it. Absolute joy. Thank to Bill to bring me back faith in humanity and worlds common sense. I finally understood that I like sensitive people.

[@varunjain5789]

Really enjoyed this conversation with Bill. We need more long-form interviews with such great investors !!

[@houseofrio1960]

Fascinating, both of you together.... Thank you

[@Tipping-Point88]

I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I just here for ideas

[@RobbStonee]

At a point like this its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.

[@EverlyndPerez]

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

[@Tnks4cmin]

in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention

[@EverlyndPerez]

*Sharon Lynne Hart* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@Marquez919]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@sargisgasparyan7055]

If Jeff Bezos had hair

[@Bobcat0531]

Thank you Bill Ackman for giving knowledgeable lessons. Also really appreciate Lex for what he contributing

[@coverholser7]

Love to listen to Lex Friedman> After a busy stressful day working, it is good to hear the calm, measured cadence of his voice, and the wisdom of his thoughts

[@kwanarchive]

When can we expect a Claudine Gay episode?

[@favor4afavor823]

😂

[@jin6000]

Awesome! Great guest. Can’t wait to listen to this. :)

[@sabihraza5734]

If you are a white supremacist 🤦🏻‍♂️

[@jin6000]

@@Asdfgfdmn I’m pretty sure your mother said it.

[@SendPie42069]

Asking the real questions with respect and tact. Love you lex!

[@MNSTgrowth]

Man, Bill went thru so much and rose up stronger than ever. Much respect ✊

[@thehappytwo5442]

Bill is awesome. Thanks, Lex for your great podcasts. Keep them coming! We need more folks like Bill out there.

[@regbhyyu]

Ask him about valeant and how it nearly bankrupted hospitals

[@mikell.6064]

Bill looks and sounds like Sam Harris had a baby with Jeff bezos 😂

[@sebastiantrujillo5171]

Lex would love to see more finance guys like Bill Ackman

[@112tjones]

Bill Akman broke it down where I could make sense of everything. I could watch this over again.

[@blueplanet87]

Great job Bill. Class act. Thank you again Lex, for your tremendous skill in developing an interesting conversation.

[@Roscoe405]

Been listening to Bill Ackman talk for 25 minutes and haven't heard anything of substance... would rather listen to Lex talk for 25 minutes by himself. Just my personal opinion.

[@sungam69]

Our favourite jewish podcast!

[@baazinews1027]

CRINGE

[@JerryPallath]

Fridman? Fridman... like Free Man. Lex, youre a free man My name is Bill Ackman, like Activist Man

[@georgestabu9666]

Great interview. Long, took me 2 flights to watch. But great. Pure wisdom, common sense and humor.

[@jjmarin3832]

Amzing conversation. Both Bill and Lex are in shape, clearly.

[@faisalsheikh7846]

When u bring Grigori Perelman?

[@mahmodabdien8186]

wow, if that's an option i will host a party to watch it

[@meltheboss]

Wowwww

[@chegist]

First, he needs to return to our dimensions.

[@chesstictacs3107]

Not happening, unfortunately. Would love to listen to him though.

[@JohnHandzo]

Not saying that I am correct, but it sure is convenient how all these Billionaires end up having “financial issues” right when they are going through a divorce. 😂

[@goptions4678]

Lol that tells u everything

[@JC-sw7dv]

I find it so interesting that JP Morgan was described as a “handshake bank,” 😂, willing to lend $300mm to someone who maybe should have been classified as bankrupt or at least headed that way… Just goes to show you that some folks can’t fail- it’s 100% all about who you know…

[@SafetyLucas]

Everything is about who you know. Numbers matter sometimes but the human resource is what ultimately matters. It's a great disservice that the opposite is emphasized so heavily in much of university and work life.

[@ogabektulayev595]

Beautiful podcast, credits to Lex, he is incredibly good listener.

[@99MrJ99]

I started listening to your podcast back in 2018, its so cool to see how far you've gone with it. You get awesome guests and the style and flow of the podcast is always interesting. Its one of my go to listens. cheers

[@markpotter544]

So basically whoever doesn't agree with akman is wrong and it shouldn't be that way. I don't necessarily disagree with the stuff he said but certainly can see the hypocrisy, tribalism and bias in his views. He probably thinks he is a nice guy but there is definitely an argument that he is not. Then feeding conspiracy theories that s some crazy stuff

[@JaapVersteegh]

The opening is just a literal copy of a Warren Buffet talk on investing.

[@TheAlskdfj]

He's a plagiarist like his wife Neri Oxman.

[@joshuagharis9017]

And Warren brags about paying 0.1% of his wealth in taxes, real stand up guy for our society. Socialism is democracy in OUR economy. We decide together ❤️

[@Firstname_Surname]

@@joshuagharis9017 Socialism is a guise of a democratic economy which keeps the people equally poor and controlled as pawns by the political elite, but nice try

[@drudini5812]

​@@joshuagharis9017buffet complains about paying less tax than his secretary and has publically stated he thinks he should pay more.. lol however what he is trying to say is much different than you are. The "Socialism" you desire is the END of our economy..

[@Tetarkall]

@@joshuagharis9017Less of a brag and more of a sarcastic humor but okay. It is funny, our tax code is a joke.

[@genzgeneric]

If Bill shaved his head, wouldn't he look a lot like Jeff Bezos?

[@kiditwum2032]

This podcast is top tier. I love bill Ackman's charisma

[@haydenrozalski8537]

seeing this side of Bill makes me like him more. other than being a financial genius, has a genuine guy too. Has his faults and knows it

[@JoshuaSmith-lb7qn]

Soon as lex uploads I’m here within 2 seconds

[@aubryezra7090]

The length they go to justify Neri Oxman's plagiarism is kind of funny

[@mafiet961]

What a creature!!! He is calling for freedom of speech and then he criticizes those who do not share the same opinion with him about the attacks....Double standards!! He felt pity for the innocent who died back in October, why he doesn't feel the same about the 20,000+ innocents who died in Gaza thereafter. He is biased and proud to show it. Students in universities should be allowed to share their opinion whether or not extremist and racist people like it or not.

[@barbclark458]

Freedom of speech isn’t the same as lodging attacks, making threats, creating disturbances or damaging property.

[@santiagoaguadorusso973]

Thank you for doing what you do. Its amazing to have access to such great minds through these podcasts.

[@BoonTee]

This is a great podcast! Enjoy every minute of the conversation! Thank you Lex and Bill for doing this!

[@birsay123]

U2 is not in same league as The Beatles or the Rolling Stones

[@billhammett174]

So true! Ditto Elvis...

[@thetruthis24]

One notch below

[@danahodgson7478]

The way he spoke about owning music made me feel sick.

[@dannyarcher6370]

You're right. The Beatles and the Stones wish they had the talent to have written a masterpiece like "Where The Streets Have No Name" or "With or Without You" instead of singing nursery rhymes about yellow submarines.

[@birsay123]

Yes of course we all can agree that yellow submarine was the best thing Beatles ever did.

[@billyjames3046]

Longest chipotle ad I’ve ever seen…

[@lisaronquillo4214]

They had the biggest stock split

[@lisaronquillo4214]

50-1

[@TheSmartLawyer]

I've done well with it. I also eat there regularly. Making $

[@djcity1]

I like Ackman and find him interesting but one thing I will not agree with is his fondness for Hunter Harrison. Harrison, ruined the railroad with the introduction of PSR “Precision Railroad Scheduling”. His decisions put the lives of many railroad employees in danger by turning a blind eye to safety all in an effort to appease the shareholders with a focus on short term gain versus long term. That is a predatory corporate approach. Essentially, firms like Ackman’s are the ones behind this aggressive push for PSR and hunter worked for them, not for the railroad and its employees.

[@jim83213]

Lex, so glad you had bill on the podcast. Huge respect to your ability to keep an interview going for 3 hours with a man with such a deep expertise and get his knowledge unpacked for all of us mortals.

[@jim83213]

I wish you could have interviewed Charlie Munger before he passed last year. A 100 year old man with similar philosophy to yourself in many ways, that would have been epic. Please if you have the opportunity, try to interview Warren Buffett. He may only be with us for a little longer and he doesn’t write book, he prefers letters and lessons to his shareholders. I can think of no better way to celebrate and make eternal his wisdom and gift to humanity than a record of him being interviewed by you. Please try to make it happen if you can

[@LittleElvis967]

Love Lex’s interviews. They are nonjudgmental with no political agenda in mind that is so unheard of today. Honest and straightforward. Simple direct questions.

[@ml2k8]

How about Bill’s wife who also plagiarize like harvard provost? What a double standard. Just into financial games without contribution to society

[@TimJamesSaunders]

He forgot about the part when he does the pump and dump

[@michael2514]

Oops

[@Mainline-the-endorphin-vein]

Exactly!! Remember when Bill Ackman went on CNBC and screamed at the financial world for 23 minutes talking about the collapse of the world due to COVID??? AT THE SAME TIME he was shorting stocks and the market, MAKING BILLIONS!! Then when he knew the market was bottoming, he flipped his trading position and went long on the market when he knew the fed was going to inject massive stimulus. But needless to say, our memories are too too short. But let’s dig further on Bill Ackman! He’s the same douche bag who had to go after the Harvard President for plagiarizing her dissertation (I get and agree on the consequences for her). But when Bill Ackman’s wife admits to her own plagiarizing of her dissertation, he like any good scumbag, justifies it away and goes after Business Insider for horrible reporting, and then like the world class scumbag that he is, he cheers on people losing their job. I get the news industry isn’t trustworthy or even really valuable like they once were, but to cheer people losing their jobs is the depths humanity.

[@TheSmartLawyer]

Is that what Brad Pitt did with hus GF?

[@andrewjobson6281]

Eric Weinstein for President of Harvard!

[@Coolinteresting876]

😂😂😂😂😂😂😂

[@LukasJLowry]

At about 2 hours and 28 minutes in, Lex begins speaking upon MIT specifically and universities in general being great in terms of teaching students how to lead… I was incredibly pleased to see Mr. Ackman cut him off when making this statement since universities aren’t facilitating free thought yet imposing progressive thought amongst their students deliberately/unjustly. I appreciate Lex and his ability to create a platform for open dialogue, but at times it feels as though Mr. Fridman provides these lovely thoughts that would only work in a utopia (which we obviously don’t live in). Kudos to Mr. Ackman and above all thank you Lex for these open dialogues.