Bill Ackman - Quotes
There are 17 quotes by Bill Ackman at 95quotes.com. Find your favorite quotations and top quotes by Bill Ackman from this hand-picked collection about business. Feel free to share these quotes and sayings on Facebook, Pinterest, Tumblr & Twitter or any of your favorite social networking sites.
I am always prepared to do the right thing regardless of what other people think. ---->>>
If I believe that I am right, I will take it to the end of the earth until I am proven right. ---->>>
I'm an extremely, extremely persistent person. Extremely. And when I believe I am right, and it is important, I will go to the end of the earth. ---->>>
I love what I do. I don't do it for the money. I work on behalf of investors that I like and want to do well for. I'm a competitive person. ---->>>
I think a very good system in a world with a lot of passive investors is one in which there are at least a few entrepreneurial investors, prepared to say what they think, prepared to propose a change in management, change in strategy, change in cost structure, capital structure. ---->>>
If you think of the typical Herbalife distributor and their level of sophistication, to this day I still don't understand the marketing plan - true story. ---->>>
Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud. ---->>>
I think good private equity investors create a lot more economic value than they destroy. ---->>>
I was a little bit of a cocky kid. ---->>>
Investing is a business where you can look very silly for a long period of time before you are proven right. ---->>>
The President is the CEO of this business that we call America. ---->>>
I think the hedge-fund industry has taken a reputational turn for the worse, this dog-eat-dog stuff. I'm not just talking about Herbalife or J. C. Penney, but in other situations where the media really focuses on who's long and who's short. I don't think it's a good thing for the industry. ---->>>
I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts. ---->>>
If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers. ---->>>
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical. ---->>>
It is a certainty that Herbalife is a pyramid scheme. We believe it's harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid. ---->>>
Biography
William Albert Ackman (born May 11, 1966) is an American investor, hedge fund manager, and philanthropist. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. Ackman is considered a contrarian investor but he considers himself an activist investor. His investing style and investments have had its fair share of critical praise and criticism from U (wikipedia)