Bill Ackman Quotes

The President is the CEO of this business that we call America.

Experience is making mistakes and learning from them.

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.

I love what I do. I don't do it for the money. I work on behalf of investors that I like and want to do well for. I'm a competitive person.

If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers.

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.

Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.

I think the hedge-fund industry has taken a reputational turn for the worse, this dog-eat-dog stuff. I'm not just talking about Herbalife or J. C. Penney, but in other situations where the media really focuses on who's long and who's short. I don't think it's a good thing for the industry.

I think good private equity investors create a lot more economic value than they destroy.

If I believe that I am right, I will take it to the end of the earth until I am proven right.

Short-term market and economic prognostication is largely a fool's errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.

Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.

In order to be successful, you have to make sure that being rejected doesn't bother you at all.

Investing is a business where you can look very silly for a long period of time before you are proven right.