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.
Bill AckmanRead
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.
Interpretation
What this quote means
Entrepreneurial investors are crucial for driving change and improving management in a market dominated by passive investors.
In a landscape where many investors remain passive, active entrepreneurial investors play a vital role in advocating for necessary changes within companies. By proposing alterations to management, strategy, and financial structures, these investors help ensure that organizations continuously adapt and improve, fostering growth and resilience in a changing economic environment.
Themes
InvestingEntrepreneurialManagementChangeStrategy
In practice
Example use cases
During a business conference focused on innovation, you might quote Bill Ackman to emphasize the need for proactive investment.
More from Bill Ackman
All quotes βI'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.
Bill AckmanRead
Investing is a business where you can look very silly for a long period of time before you are proven right.
Bill AckmanRead
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