Our list of Bill Ackman Quotes
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.
Work in Progress...
Investing is a business where you can look very silly for a long period of time before you are proven right.
Work in Progress...
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.
Work in Progress...
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.
Work in Progress...
Experience is making mistakes and learning from them.
Work in Progress...
I am always prepared to do the right thing regardless of what other people think.
Work in Progress...
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.
Work in Progress...
I was a little bit of a cocky kid.
Work in Progress...
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.
Work in Progress...
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.
Work in Progress...
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.
Work in Progress...
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.
Work in Progress...
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.
Work in Progress...
If I believe that I am right, I will take it to the end of the earth until I am proven right.
Work in Progress...
I think good private equity investors create a lot more economic value than they destroy.
Work in Progress...
Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.
Work in Progress...
The President is the CEO of this business that we call America.
Work in Progress...
