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 · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.
Appearances
But Joe Steinberg, still one of the most respected investors.
So the endorsement of brand name investor group giving us capital, obviously, is what helped us start.
I think the most important thing for us initially is that the underlying business is a good, ideally great business.
I think that's really important.
And each of the cases you mentioned were cases where an otherwise great business fell upon kind of hard times, and we were in a pretty unique position to help the company address its various problems.
The world has changed in terms of the receptivity of companies to ideas that didn't come from the boardroom or from management.
When I entered this business, boards would, if not invented here, they didn't want to hear about it.
I think we played a role, and others have done the same, in really restoring the balance of power between the shareholders of companies and the managers and the boards that oversee them.
The whole history of shareholder activism, I think, has done that.
The big opportunity we've had in many cases, we've really done two things that have driven a lot of value.
Cases where the shareholders have kind of given up on management and general growth of stock was down 99.5%.
The company had debt, it couldn't refinance, and every other public bankruptcy of consequence, the shareholders lost all their money.
We bought from people selling because they rationally believed that this would be no different.
We bought 25% of the company.
I was able to get on the board.
It wasn't easy.
Goldman Sachs actually was advising against it.
Got on the board of directors of the company and then led a restructuring where all of the creditors got their money back, power plus accrued interest.
Chipotle was a food safety crisis and management was really having a tough time dealing with it.
And we bought 10%.
Showing 341–360 of 619 · page 18 of 31
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