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
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.
In practice
During a business conference focused on innovation, you might quote Bill Ackman to emphasize the need for proactive investment.
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.
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.
Investing is a business where you can look very silly for a long period of time before you are proven right.
Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.
When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
Gold is money and nothing else.
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