DealBook 2016: The Long and Short of Activist Investing

Bill Ackman, C.E.O., Pershing Square Capital Management LP

Пікірлер: 198

  • @Bmayo27
    @Bmayo277 жыл бұрын

    To quote Buffett; "Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero."

  • @npmau5119

    @npmau5119

    5 жыл бұрын

    amazing quote, shows how one bad investment can ruin your reputation

  • @alexanderleo6809

    @alexanderleo6809

    4 жыл бұрын

    I don’t get it

  • @jatindhamecha2725

    @jatindhamecha2725

    3 жыл бұрын

    @@alexanderleo6809 learn math a little bit. It's good for your health.

  • @landryderrick6851

    @landryderrick6851

    2 жыл бұрын

    you prolly dont care but does any of you know a trick to log back into an instagram account? I somehow lost my password. I love any help you can give me!

  • @kysondawson8347

    @kysondawson8347

    2 жыл бұрын

    @Landry Derrick instablaster =)

  • @MD-hx3wf
    @MD-hx3wf4 жыл бұрын

    "I don't get paid, I sit here for free, so I can be honest here".

  • @rkr894able

    @rkr894able

    4 жыл бұрын

    :D

  • @iceman0007299

    @iceman0007299

    4 жыл бұрын

    That's not what he said (unless I haven't gotten to that part yet and there is another similar part but I can't wait to call you out, sorry)

  • @solimansalem7719

    @solimansalem7719

    3 жыл бұрын

    You need to watch all the way through...

  • @yasht7957

    @yasht7957

    2 жыл бұрын

    @@iceman0007299 should've waited

  • @nickbarrodrums
    @nickbarrodrums7 жыл бұрын

    I just wanted to say... Bill's and the interviewer's suits are on pooooint

  • @knamon864

    @knamon864

    7 жыл бұрын

    NickBarroDrums True

  • @billyrussell1511

    @billyrussell1511

    4 жыл бұрын

    The shoes even more so

  • @jeffrejr1

    @jeffrejr1

    4 жыл бұрын

    With that sort of coin you'd hope so.

  • @shareemibitsfala5534

    @shareemibitsfala5534

    4 жыл бұрын

    They are damn good

  • @jeffrejr1
    @jeffrejr14 жыл бұрын

    Every successful man has had a great loss and came back from it. -Bill Ackman

  • @henryaduma6014

    @henryaduma6014

    4 жыл бұрын

    2.7 BILLION!

  • @jeffrejr1

    @jeffrejr1

    4 жыл бұрын

    @@henryaduma6014 we shall see what the losses are in year and a half. He cashed out last year on a previous fund. His new fund will probably have a 5 year cycle.

  • @exoxy

    @exoxy

    2 жыл бұрын

    - Isaac Newton

  • @tomspeed3354

    @tomspeed3354

    5 ай бұрын

    by market manipulation

  • @jeffrejr1

    @jeffrejr1

    5 ай бұрын

    @@tomspeed3354 oh yeah he's completely rigging the game

  • @simondunlop656
    @simondunlop6564 жыл бұрын

    NOONES LAUGHING AT BILL NOW, BEST TRADE OF ALL TIME LOL

  • @krismine99

    @krismine99

    3 жыл бұрын

    Absolutely, pretty incredible

  • @USWMONews
    @USWMONews4 жыл бұрын

    Bill Ackman for president!

  • @bindoe4001

    @bindoe4001

    3 жыл бұрын

    I hope he won’t short the U.S =))

  • @BrianDeRosa
    @BrianDeRosa7 жыл бұрын

    Thank you for the prompt upload!

  • @AnnaLVajda
    @AnnaLVajda4 жыл бұрын

    The guy is laughing all the way to the bank.

  • @moh5938
    @moh59384 жыл бұрын

    29:55 thought they were talking about coronavirus then realized that the video was uploaded 3 years earlier

  • @Derekjcb

    @Derekjcb

    3 жыл бұрын

    Which virus did he ask about?

  • @krismine99

    @krismine99

    3 жыл бұрын

    @@Derekjcb Chipotle and one of their food safety ones

  • @Fedora_JP
    @Fedora_JP3 жыл бұрын

    would love to have an update on Ackman's views on trump

  • @user-ql3ws5uz1d
    @user-ql3ws5uz1d4 жыл бұрын

    He talks really sharp

  • @JAlexandrG

    @JAlexandrG

    2 жыл бұрын

    He's incredibly intelligent and articulate. He's impressive - even if you don't agree with his methods, or find him to be disingenuous

  • @harrisonberman6731
    @harrisonberman67314 жыл бұрын

    The intro aged well

  • @conchita416
    @conchita4164 жыл бұрын

    Here in 2020 and it’s all happened just like he predicted. Great judgement Bill!

  • @berlinglasper5364

    @berlinglasper5364

    3 жыл бұрын

    🤣

  • @Eline_Meijer

    @Eline_Meijer

    Жыл бұрын

    What happen? Are u stupid?

  • @starkest
    @starkest7 жыл бұрын

    wow, this anchor pulled off a really great ending

  • @mohamedrafireporter
    @mohamedrafireporter4 жыл бұрын

    WELCOME Dr's.

  • @romanlepricon
    @romanlepricon4 жыл бұрын

    You could almost hear his spine crack in this

  • @anonymousonlineuser6543
    @anonymousonlineuser65436 жыл бұрын

    Off-piste is a football analogy? I am a skier , I live in Europe and I am now really confused.

  • @dogestranding5047

    @dogestranding5047

    4 жыл бұрын

    Sounds like a fencing analogy.

  • @wadut7261

    @wadut7261

    3 жыл бұрын

    Did I just spot a fellow Austrian? Griaß di?

  • @Bmayo27
    @Bmayo277 жыл бұрын

    Andrew Ross Sorkin is flat-out the man!!

  • @Cooliewhistles

    @Cooliewhistles

    2 жыл бұрын

    Things nobody with a brain says

  • @YyNRCyY

    @YyNRCyY

    8 ай бұрын

    @@CooliewhistlesI assume this is the interviewers name. A tool. That’s how he portrayed himself from the 12 min I’ve currently seen. The daily stimuli of engaging in conversation with these multi billion dollar fund owners has inflated his ego. I appreciate the subtle jabs bill has made so far, watching the interviewer deflate, only to attempt a pitiful retort.

  • @_thomas_xc
    @_thomas_xc3 жыл бұрын

    March 2020 !

  • @emmafuentesbaltazar8801
    @emmafuentesbaltazar88012 жыл бұрын

    Love you too all People godbless Jesus name Amen Ama

  • @dd_grape
    @dd_grape3 жыл бұрын

    Money and its men are much more honest than media and politicians...

  • @rkr894able
    @rkr894able4 жыл бұрын

    Now Market is super unpredictable. Bill Ackerman ftw!

  • @BTom16
    @BTom163 жыл бұрын

    I wonder if Bill Ackman is still bullish on Trump.

  • @dogestranding5047

    @dogestranding5047

    3 жыл бұрын

    Listen to his latest interview with a Brazilian businessman. It sounds like he is-- he thinks that Trump can do good things from time to time, but that he's volatile. He thinks that Biden-Harris is further left than Biden-anybody else. It was uploaded less than a month ago I'm pretty sure, so just type "Bill Ackman" on your search bar and set the date posted to "this year."

  • @wittenstienspavlov3699

    @wittenstienspavlov3699

    9 ай бұрын

    @@dogestranding5047 Trump is the greatest, wow the great, did i say great! i mean GYNA, best of all time. Bill is trash look how he votes.

  • @theunreasonableman8758

    @theunreasonableman8758

    8 ай бұрын

    Obviously he’s position was right the whole time.. Looking at the current state of the next government now...

  • @ev6304
    @ev63047 жыл бұрын

    Icahn is basically propping up Herbalife

  • @A7sde
    @A7sde5 жыл бұрын

    Ackman’s watch???

  • @Gindaman999

    @Gindaman999

    4 жыл бұрын

    Side note: One of the serial produced watches from Patek that are hard to get. There was a movement error first time it was introduced and was not available to market for about 2 years after the introduction.

  • @gin8505

    @gin8505

    4 жыл бұрын

    Rocking the beautiful timex piece 😍

  • @camilaclothing9764
    @camilaclothing97647 жыл бұрын

    both Bloomberg and John Oliver supported Hillary and publicly bashed Trump....just saying

  • @marcoslopez2132
    @marcoslopez21324 жыл бұрын

    bill "i woke up in the morning" ackman

  • @Unknowledgeable1
    @Unknowledgeable13 жыл бұрын

    7:05 Looking at what we do: (pre 8:47): what is financial engineering, and why is it a criticism? 9:30: 15:00 A spectacular deal 22:15 another short 27:35

  • @missmarymac4432
    @missmarymac44323 жыл бұрын

    Does he regret his comments about Trump?

  • @ArthurMoore-ii8nn
    @ArthurMoore-ii8nn4 жыл бұрын

    Ackman as a New Yorker knows fully well that Trump is a buffoon and complete moron. But he has to praise him to ensure tax cuts and other things for his firm.

  • @lancekaplan8022
    @lancekaplan80223 жыл бұрын

    WHAT ABOUT HIS SPAC GODDAMMIT

  • @reardelt
    @reardelt7 жыл бұрын

    Bill is so right. Corporate taxes are too high in the US. Which rich country pays 40% in corporate taxes? The UK, which is more socialist than the US, has a rate of 20%. Check the rankings - en.wikipedia.org/wiki/List_of_countries_by_tax_rates

  • @sbtopjosh4098
    @sbtopjosh40983 жыл бұрын

    32:50 went "Offpissed"? "Offpeaced"? "Offpiste"? Never heard of this football analogy before. Or did he mean "Offside"?

  • @brickstunram9391
    @brickstunram93917 жыл бұрын

    Ackman comes off as considerably more aggressive in this interview. I suppose it's because of the valeant Herbalife fiasco? I mean those loses can't sit well

  • @andrewmakin8151
    @andrewmakin81512 жыл бұрын

    business happens in a country, a country is not a business. a country is a shared culture. culture is the synthesis of economic activity, social structure, and relationship with all resources. to me, the position taken at the beginning of the interview by the right hand side of this discussion as we’re looking at it on the screen, is flippant, and has been proven so.

  • @jakebaldwin7172

    @jakebaldwin7172

    10 ай бұрын

    You aren't as smart as you think you are

  • @Lxgendz
    @Lxgendz Жыл бұрын

    Infrastructure ha 🤣

  • @Eline_Meijer
    @Eline_Meijer Жыл бұрын

    This aged well

  • @wittenstienspavlov3699

    @wittenstienspavlov3699

    9 ай бұрын

    Im Bullish a corporate Coup was going to happen lol

  • @gkundo
    @gkundo6 жыл бұрын

    let's recap on these bold statements...

  • @irs6345
    @irs63453 жыл бұрын

    in simpler words , to become the type of investor that Ackman says he calls himself , is basically first u gotta have a bit of money know what ur doing to rebuild or save or make a business grow get out of bankruptcy etc lets do a example , so lets say that ur a investor trader or businessman and u have $50,000,000 so u have the money u got the house the cars the big life u can retire and just chill or u can turn that $50,000,000 into $500,000,000 so u find a company and look at its balance sheet or whatever papers u need to for what business u are valuing and what u need to find is A. a company like Enron or B. a company that is undervalued and , so lets say u find a company that is undervalued and lets say company XYZ has $150 billion dollars in cash and u say thats alot of money what can they do with it so u search up there stock on whatever trade software you use and u buy $25,000,000 worth of there stock , that gets the companies eye and then u write a letter they dont reply so u go to the news and say that they have too much money just lying around and they need to create a shareholder buyback program and they say why and u say that the stock will grow much faster and it will be good if they dont then there price will be undervalued and it will hit its value years many many years later than if u created the buyback program , so they create a buyback program and 1 month later for example company XYC went from $75 a share to $150 a share , this is bill ackman's investment style and it profits very much.

  • @lucasmoreno5330
    @lucasmoreno53303 жыл бұрын

    This is the interview I was waiting for to see if this guy is the real thing. The fact that he got trump so badly wrong speaks volumes of his credibility.

  • @jakebaldwin7172

    @jakebaldwin7172

    10 ай бұрын

    LOL his credibility is fine. You haven't done 1% with your life of what he has. He made the greatest trade of all time and you can look up his 13F right now, it is pristine. Be humble, bum.

  • @thestockfother

    @thestockfother

    6 ай бұрын

    He didnt get trump wrong. Policy wise, the current administration hasnt changed much of what the trump administration set in place.

  • @garryprendiville8127
    @garryprendiville81274 жыл бұрын

    No idea why this popped up in my feed but I just lost a boatload of respect for Ackman. "Ivanka Trump...it's hard to produce children of that quality"...what the actual fuck??? Have you ever heard her speak???

  • @prism8289
    @prism82892 жыл бұрын

    Well, so much for the Trump predictions.

  • @-Zardoz-

    @-Zardoz-

    2 жыл бұрын

    What do you mean? He was correct. 2020-2021 biggest bull run in history.

  • @prism8289

    @prism8289

    2 жыл бұрын

    @@-Zardoz-preceded by the near biggest collapse in history.

  • @-Zardoz-

    @-Zardoz-

    2 жыл бұрын

    @@prism8289 what was the near biggest collapse? You mean rn?

  • @hoodbabyrahrah8563
    @hoodbabyrahrah85632 жыл бұрын

    2021 and it’s 45$ lmao it didn’t work #kennyg take notes

  • @soccerlovin1
    @soccerlovin17 жыл бұрын

    Lol. That moment when Trump hasn't passed a single bill and Democrats won the budget deal.

  • @JerseyCapper
    @JerseyCapper6 жыл бұрын

    CMG down 30% since his call on it in this video.

  • @dogestranding5047

    @dogestranding5047

    4 жыл бұрын

    @Julian Kleene The guy who commented is just a trader and doesn't think about the long-term implications.

  • @harikrishnanchandramohan4209
    @harikrishnanchandramohan42092 жыл бұрын

    He is like the good looking version of jeff bezos.

  • @SuperSterling
    @SuperSterling3 жыл бұрын

    “You know...It’s hard to produce children of that quality” 3:20... really guy?

  • @TonyTrupp
    @TonyTrupp4 жыл бұрын

    The stock market appreciated more during obama, even if you ignore the covid crash. Trump also added $1T to the deficit, after it was reduced by 2/3 during the obama years, also before the covid crash, now spiking up to $5T+. He made no serious effort to push an infrastructure bill through, even though that’s the main thing he promised during his acceptance speech.

  • @alexisleclerc595

    @alexisleclerc595

    4 жыл бұрын

    During obama we had a bull market so that makes sense

  • @alexisleclerc595

    @alexisleclerc595

    4 жыл бұрын

    1tril is for your stim check and also to pay the people who didnt work, unemployment etc

  • @Fedora_JP

    @Fedora_JP

    3 жыл бұрын

    @@alexisleclerc595 bull market hasnt really ended yet

  • @Fedora_JP

    @Fedora_JP

    3 жыл бұрын

    dont give too many facts, doesnt fit the narrative.

  • @TonyTrupp

    @TonyTrupp

    3 жыл бұрын

    @@alexisleclerc595 No, the $1T was added to the yearly deficit even before covid. After covid the 2020 deficit has gone up by more like $4T.

  • @INEBRIATEDEPIPHANIES
    @INEBRIATEDEPIPHANIES4 жыл бұрын

    He couldn’t have been more wrong. This guy just made $2.7 billion by shorting corporate bonds thanks to Trump’s idiocy.

  • @-Zardoz-

    @-Zardoz-

    2 жыл бұрын

    Hilarious, 2020-2021 was the highest bull run in history. People like yourself are such pathetic toolbags.

  • @JerseyCapper
    @JerseyCapper6 жыл бұрын

    LOLLLLLLLLLLLLLLL

  • @CaptainPlanet007
    @CaptainPlanet0074 жыл бұрын

    Wow how Bill was right! #Trump2020

  • @SuperTimeStretch
    @SuperTimeStretch4 жыл бұрын

    Lol, this didn't age well.

  • @aaryareddy9511

    @aaryareddy9511

    4 жыл бұрын

    On so many levels

  • @DoDavidDo

    @DoDavidDo

    4 жыл бұрын

    Indeed it didn’t

  • @AnnaLVajda

    @AnnaLVajda

    4 жыл бұрын

    How so? That was his experience up to 2016 and then he had a 2.6 billion windfall recently.

  • @wittenstienspavlov3699

    @wittenstienspavlov3699

    9 ай бұрын

    Oh it aged well like a fine $4,200 bottle of rothchild wine with inflation along with it.

  • @frontierseeksvisioningod
    @frontierseeksvisioningod7 жыл бұрын

    He is not as smart as I thought. His loss is too big from Valeant..

  • @dogestranding5047

    @dogestranding5047

    4 жыл бұрын

    His fund is still beating the S&P since inception. Most hedge funds can't do that.

  • @adamyatripathi2743

    @adamyatripathi2743

    4 жыл бұрын

    I bet you're feeling pretty stupid now. He won the bet on Herbalife and made a 2.6 billions in a month.

  • @CaptainPlanet007

    @CaptainPlanet007

    4 жыл бұрын

    He made $2.6bill in a single bet off of only $27mill. You are an idiot! 😂

  • @frontierseeksvisioningod

    @frontierseeksvisioningod

    4 жыл бұрын

    I posted it 3 years ago..

  • @MediocrePap

    @MediocrePap

    4 жыл бұрын

    @@frontierseeksvisioningod Which begs the question -- do you still regard Bill Ackman the same way today? If not, what does it say about judging someone's capacity through a single action (i.e. Valeant)?

  • @vasupatel8924
    @vasupatel892410 ай бұрын

    GENERAL ACKMAN is still bullish

  • @wittenstienspavlov3699

    @wittenstienspavlov3699

    9 ай бұрын

    Bill is bullish when Covid won't hurt his positions.

  • @_nickatnite_
    @_nickatnite_4 жыл бұрын

    You can be successful business man and be conscious of the people working to make you rich or you can be a selfish jackass like Ackman. People like him think of the economy as a game for their benefit with no acknowledgement of main street.

  • @jakebaldwin7172

    @jakebaldwin7172

    10 ай бұрын

    Cry more little biotch he's one of the GOATs

  • @MonstaMunch101
    @MonstaMunch1014 жыл бұрын

    "The United States is the biggest business in the world" This is demonstrably false by any metric you could plausibly use.

  • @dndjsdhdjhdeb2485

    @dndjsdhdjhdeb2485

    4 жыл бұрын

    GDP?

  • @Cogniche

    @Cogniche

    4 жыл бұрын

    Oooohh you’re so smart using fancy words but unfortunately you’re wrong. It’s retained the largest economy since 1871.

  • @MonstaMunch101

    @MonstaMunch101

    4 жыл бұрын

    @@Cogniche In terms of GDP in PPP, China is the largest economy, with a GDP (PPP) of $25.27 trillion. Read a fkn book morons.

  • @MonstaMunch101

    @MonstaMunch101

    4 жыл бұрын

    @@dndjsdhdjhdeb2485 See above. GDP in PPP is the current standard metric, and China has you beat. Next?

  • @dndjsdhdjhdeb2485

    @dndjsdhdjhdeb2485

    4 жыл бұрын

    Monsta Munch what about GDP per capita, you really think it is impressive that there GDP is higher because they have a much higher population. The wealth and business is not as concentrated as the U.S.. Out of the bigger country’s the US’s GDP per capita is unmatched. The average person in the US makes 3-4 time more then the average Chinese person.

  • @kallonmei4882
    @kallonmei48824 жыл бұрын

    Trump comments did not age well

  • @lnhart7157
    @lnhart71573 жыл бұрын

    This has aged extremely poorly

  • @maanavchellani7115

    @maanavchellani7115

    2 жыл бұрын

    Why?

  • @wittenstienspavlov3699

    @wittenstienspavlov3699

    9 ай бұрын

    @@maanavchellani7115 wow no wonder the downvote button was canceled by google aka Alphabet.