Bill Ackman

speaker
619 appearances 1 recordings 1 series first heard Aug 2026 last heard 5 Aug

Bill Ackman’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

Appearances

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There are no equity incentives.
There's no market pressures.
There's no M&A activity.
So you got to be careful with philanthropy.
You can waste a lot of money.
And these organizations can be taken over and become political vehicles as opposed to, you know, they can go off mission from what they were originally set up to do.
Our recent big initiative today being an important day is we're launching this kind of I would call it brain research rehabilitation institute.
It's funded initially with nonprofit capital, but it's going to have a very it's going to have for profit elements to it.
It's going to focus on
the patient and solving brain-related, longevity-related issues.
But that will lead to devices and molecules and techniques that become the basis for launching businesses that will transfer that technology and deliver it to patients over time.
And the goal is to build, you know, put a bunch of philanthropic capital to launch, build this into something that becomes sustainable using, you know, sort of for-profit capitalistic principles.
You know,
I don't want people to have to sacrifice what, you know, make an economic sacrifice to come work here at this, what we're calling the AOI.
So one of the things we're going to do is we're going to share the equity value that's created from the businesses that come out of the Institute with the people who work there in a very broad way in the same way that we've done at Pershing Square.
So I'd hopefully be the best of both.
a nonprofit model.
You know, there's certain people, you know, certain things you can achieve if you're a nonprofit that if you were a for-profit, you might not be able to hire certain people or you may not be able to interact with certain institutions that will only interact with a nonprofit as opposed to they might
If it's a for-profit, it might make it more challenging.
So I've learned over 20 years of philanthropy, what works, what doesn't work.
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