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 →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.
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
Similar quotes
Don’t buy luxuries until you’ve built the assets to afford them
Robert KiyosakiRead
A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
Suze OrmanRead
Complexity and interconnectedness matter as much as size in assessing risk in banking.
Henry PaulsonRead
We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.
Suze OrmanRead
The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the discovery of frauds and swindles
Charles P. KindlebergerRead
I believe, in the stock market - that's one of my fields - that most people are irrational. And to be irrational, you can be irrational in so many different ways that, practically, the result is indeterminate.
Paul SamuelsonRead