I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.
Bill AckmanRead
I think a very good system in a world with a lot of passive investors is one in which there are at least a few entrepreneurial investors, prepared to say what they think, prepared to propose a change in management, change in strategy, change in cost structure, capital structure.
Interpretation
Entrepreneurial investors are crucial for driving change and improving management in a market dominated by passive investors.
In a landscape where many investors remain passive, active entrepreneurial investors play a vital role in advocating for necessary changes within companies. By proposing alterations to management, strategy, and financial structures, these investors help ensure that organizations continuously adapt and improve, fostering growth and resilience in a changing economic environment.
In practice
During a business conference focused on innovation, you might quote Bill Ackman to emphasize the need for proactive investment.
I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.
I'm an extremely, extremely persistent person. Extremely. And when I believe I am right, and it is important, I will go to the end of the earth.
Investing is a business where you can look very silly for a long period of time before you are proven right.
The Vanguard Experiment was designed to prove that mutual funds could operate independently, and do so in a manner that would directly benefit their shareholders.
The research indicates that when we women invest, we women do tend to be more patient, take a longer-term perspective and as a result of it, tend to be better investors than men. But the messages we get are that investing is sort of 'the guys' world.'
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
It is absurd to think that the general public can ever make money out of market forecasts.
Earnings don't move the overall market; it's the Federal Reserve Board... focus on the central banks, and focus on the movement of liquidity... most people in the market are looking for earnings and conventional measures. It's liquidity that moves markets.
When your outgo exceeds your income, the upshot may be your downfall.
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