Bill Ackman

No. I generally have no regrets because I'm very happy with where I am now. And I feel like... You know, it's a bit like, you know, you step on the butterfly in the forest and the world changes because every action has a reaction.

No. I generally have no regrets because I'm very happy with where I am now. And I feel like... You know, it's a bit like, you know, you step on the butterfly in the forest and the world changes because every action has a reaction.

No. I generally have no regrets because I'm very happy with where I am now. And I feel like... You know, it's a bit like, you know, you step on the butterfly in the forest and the world changes because every action has a reaction.

You know, if you're happy with who you are, where you are in life, every decision you've made, good or bad, over the course of your life got you to precisely where you are. It wouldn't change anything. You said you lost money on Herbalife. So what, so he did the long-term battle.

You know, if you're happy with who you are, where you are in life, every decision you've made, good or bad, over the course of your life got you to precisely where you are. It wouldn't change anything. You said you lost money on Herbalife. So what, so he did the long-term battle.

You know, if you're happy with who you are, where you are in life, every decision you've made, good or bad, over the course of your life got you to precisely where you are. It wouldn't change anything. You said you lost money on Herbalife. So what, so he did the long-term battle.

What he did is he got on the board of the company and used the company's financial resources plus his stake in the business to squeeze, squeeze us. And a squeeze in short selling is where you restrict the supply of the securities so that there's a scarcity. And then you encourage people to buy the stock and you drive the stock up.

What he did is he got on the board of the company and used the company's financial resources plus his stake in the business to squeeze, squeeze us. And a squeeze in short selling is where you restrict the supply of the securities so that there's a scarcity. And then you encourage people to buy the stock and you drive the stock up.

What he did is he got on the board of the company and used the company's financial resources plus his stake in the business to squeeze, squeeze us. And a squeeze in short selling is where you restrict the supply of the securities so that there's a scarcity. And then you encourage people to buy the stock and you drive the stock up.

And as I explained before, you short those coins at 10, they go to 100. You can lose theoretically an unlimited amount of money. And that's scary. That's why we don't short stocks. That's why I didn't short stocks before this. But this was, unfortunately, I had to have the personal lesson. So how much was, for him, personal versus... part of sort of the game of investing.

And as I explained before, you short those coins at 10, they go to 100. You can lose theoretically an unlimited amount of money. And that's scary. That's why we don't short stocks. That's why I didn't short stocks before this. But this was, unfortunately, I had to have the personal lesson. So how much was, for him, personal versus... part of sort of the game of investing.

And as I explained before, you short those coins at 10, they go to 100. You can lose theoretically an unlimited amount of money. And that's scary. That's why we don't short stocks. That's why I didn't short stocks before this. But this was, unfortunately, I had to have the personal lesson. So how much was, for him, personal versus... part of sort of the game of investing.

Well, he thought he could make money doing this. He wouldn't have done it if he did otherwise. He thought his bully pulpit, his ability to create a short squeeze, his control over the company would enable him to achieve this. And he made a billion, we lost a billion. So you think it was a financial decision, not a personal?

Well, he thought he could make money doing this. He wouldn't have done it if he did otherwise. He thought his bully pulpit, his ability to create a short squeeze, his control over the company would enable him to achieve this. And he made a billion, we lost a billion. So you think it was a financial decision, not a personal?

Well, he thought he could make money doing this. He wouldn't have done it if he did otherwise. He thought his bully pulpit, his ability to create a short squeeze, his control over the company would enable him to achieve this. And he made a billion, we lost a billion. So you think it was a financial decision, not a personal?

It was a personal decision to pursue it, but he was waiting for an opportunity where he could make money at our expense and was kind of a brilliant opportunity for him. Now, the irony is, well, first of all, the FTC found a few interesting facts. So one, the government launched an investigation They ended up settling with the company and the company paid $220 million in fines.

It was a personal decision to pursue it, but he was waiting for an opportunity where he could make money at our expense and was kind of a brilliant opportunity for him. Now, the irony is, well, first of all, the FTC found a few interesting facts. So one, the government launched an investigation They ended up settling with the company and the company paid $220 million in fines.

It was a personal decision to pursue it, but he was waiting for an opportunity where he could make money at our expense and was kind of a brilliant opportunity for him. Now, the irony is, well, first of all, the FTC found a few interesting facts. So one, the government launched an investigation They ended up settling with the company and the company paid $220 million in fines.

I met a professor from Berkeley a couple of years ago who told me that he had been hired by the government as their expert on Herbalife and he got access to all their data, was able to prove that they're a pyramid scheme. But the government ultimately settled with Carl because they were afraid they could possibly lose in court. So they settled with him.

I met a professor from Berkeley a couple of years ago who told me that he had been hired by the government as their expert on Herbalife and he got access to all their data, was able to prove that they're a pyramid scheme. But the government ultimately settled with Carl because they were afraid they could possibly lose in court. So they settled with him.