Bill Ackman
speaker
1,217 appearances
6 recordings
6 series
first heard Feb 2024
last heard 3 Jun
Bill Ackman’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 2.
Appearances
We created it out of the bankruptcy of General Growth.
It was a spin-off of all the other assets.
And it's a company that owns these small cities.
So I bet a lot of people here have heard of Summerlin, because a lot of the tech community has moved from California to Las Vegas.
But we own a
this small city, 26,000 acres of land.
We own all the commercial land.
We own all the residential land.
We sell lots of home builders.
We build a downtown.
We build buildings.
It's a bit like the Irvine company.
Don Bren created probably $100 billion of personal wealth managing a small city.
So super cool company, but the timeframe is decades as opposed to quarters.
So Wall Street's never cared.
It's always traded a huge discount.
So Buffett bought into a textile business at a discount to liquidation value.
At $63 a share, you're owning Howard Hughes at a discount to liquidation value.
What we're doing is instead of reinvesting all the cash the business generates into real estate, we're going to reinvest all the cash into insurance within the next week or so.
We're going to build this into a compounding machine over the next 50 years.
Showing 221–240 of 1,217 · page 12 of 61
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