Bill Ackman quotes and sayings
Investing is a business where you can look very silly for a long period of time before you are proven right.
Bill Ackman quotes
- 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.
- Experience is making mistakes and learning from them.
- 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.