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Bill Ackman

๐Ÿ‘ค Speaker
1700 total appearances

Appearances Over Time

Podcast Appearances

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

There was no, and by the way, there's a reason why academic institutions, when a professor is accused of plagiarism, why they have these very careful processes with multiple stages and they take, they can take a year or more because it depends on intent. Was this intentional? In order to be a crime, an academic crime, you gotta prove that they intentionally stole.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

Look, in some cases it's obvious, in some cases it's very subtle and they take this stuff super seriously. But they basically accused Nary of academic crime. And then 92 minutes later, they said she committed an academic crime. And that should be a crime. And that should be punishable with litigation. And there should be a real cost.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

Look, in some cases it's obvious, in some cases it's very subtle and they take this stuff super seriously. But they basically accused Nary of academic crime. And then 92 minutes later, they said she committed an academic crime. And that should be a crime. And that should be punishable with litigation. And there should be a real cost.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

Look, in some cases it's obvious, in some cases it's very subtle and they take this stuff super seriously. But they basically accused Nary of academic crime. And then 92 minutes later, they said she committed an academic crime. And that should be a crime. And that should be punishable with litigation. And there should be a real cost.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

And we're going to make sure there's a real cost, reputationally and otherwise, to Business Insider and to Axel Springer. Because ultimately, you've got to look to the controlling owner. You know, they're responsible.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

And we're going to make sure there's a real cost, reputationally and otherwise, to Business Insider and to Axel Springer. Because ultimately, you've got to look to the controlling owner. You know, they're responsible.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

And we're going to make sure there's a real cost, reputationally and otherwise, to Business Insider and to Axel Springer. Because ultimately, you've got to look to the controlling owner. You know, they're responsible.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

My kid's school, the epithet for the school or the saying is go forth unafraid. I think it's a good way to live. And again, words can't harm me. You know, the power of X, and we do owe Elon enormous thanks for this, is now, so for example, the Washington Post wrote a story about me a couple of days ago. Mm-hmm. And I didn't, I didn't think the story was a fair story.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

My kid's school, the epithet for the school or the saying is go forth unafraid. I think it's a good way to live. And again, words can't harm me. You know, the power of X, and we do owe Elon enormous thanks for this, is now, so for example, the Washington Post wrote a story about me a couple of days ago. Mm-hmm. And I didn't, I didn't think the story was a fair story.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

My kid's school, the epithet for the school or the saying is go forth unafraid. I think it's a good way to live. And again, words can't harm me. You know, the power of X, and we do owe Elon enormous thanks for this, is now, so for example, the Washington Post wrote a story about me a couple of days ago. Mm-hmm. And I didn't, I didn't think the story was a fair story.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

So within a few hours of the story being written, I'm able to put out a response to the story and send it to a million, 200,000 people. And it gets read and reread. I haven't checked, but you know, probably 5 million people saw my response. Now those are the people on X. It's not everyone in the world. There's still, there's a disconnection between the X world and the offline world.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

So within a few hours of the story being written, I'm able to put out a response to the story and send it to a million, 200,000 people. And it gets read and reread. I haven't checked, but you know, probably 5 million people saw my response. Now those are the people on X. It's not everyone in the world. There's still, there's a disconnection between the X world and the offline world.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

So within a few hours of the story being written, I'm able to put out a response to the story and send it to a million, 200,000 people. And it gets read and reread. I haven't checked, but you know, probably 5 million people saw my response. Now those are the people on X. It's not everyone in the world. There's still, there's a disconnection between the X world and the offline world.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

But, you know, reputation in my business is basically all you have. And as they say, you can take a lifetime to build a reputation and take five minutes to have it disappear. And the media plays a very important role. And they can destroy people. At least we now have some ability to fight back. We have a platform we can surface our views.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

But, you know, reputation in my business is basically all you have. And as they say, you can take a lifetime to build a reputation and take five minutes to have it disappear. And the media plays a very important role. And they can destroy people. At least we now have some ability to fight back. We have a platform we can surface our views.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

But, you know, reputation in my business is basically all you have. And as they say, you can take a lifetime to build a reputation and take five minutes to have it disappear. And the media plays a very important role. And they can destroy people. At least we now have some ability to fight back. We have a platform we can surface our views.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

You know, the typical old days, they write an incredibly damning article and you point out factual errors and then like two months later they bury a little correction on page whatever. By then the person was fired or their life is destroyed or their reputation is damaged. You know, I was with Warren Buffett talking about media, and it's something he, a business he really loves.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

You know, the typical old days, they write an incredibly damning article and you point out factual errors and then like two months later they bury a little correction on page whatever. By then the person was fired or their life is destroyed or their reputation is damaged. You know, I was with Warren Buffett talking about media, and it's something he, a business he really loves.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

You know, the typical old days, they write an incredibly damning article and you point out factual errors and then like two months later they bury a little correction on page whatever. By then the person was fired or their life is destroyed or their reputation is damaged. You know, I was with Warren Buffett talking about media, and it's something he, a business he really loves.

Lex Fridman Podcast
#413 โ€“ Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

And he says, you know what, Bill? He said, a thief with a dagger, the only person who can cause you more harm than a thief with a dagger is a journalist with a pen. And those were very powerful words.