Phrase by 'Bill Ackman'
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Experience is making mistakes and learning from them.
Author: Bill Ackman - American BusinessmanExperience , Mistakes , Learning , Them
I am always prepared to do the right thing regardless of what other people think.
Author: Bill Ackman - American BusinessmanPeople , Think , I Am , Do The Right Thing
It is a certainty that Herbalife is a pyramid scheme. We believe it's harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid.
Author: Bill Ackman - American BusinessmanPeople , Believe , Top , Hispanic
Investing is a business where you can look very silly for a long period of time before you are proven right.
Author: Bill Ackman - American BusinessmanYou , Look , Time , Business
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.
Author: Bill Ackman - American BusinessmanYou , Decision , Emotional , Facts
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.
Author: Bill Ackman - American BusinessmanYou , Look , Time , Great
I was a little bit of a cocky kid.
Author: Bill Ackman - American BusinessmanKid , Little , Cocky , Little Bit
If I believe that I am right, I will take it to the end of the earth until I am proven right.
Author: Bill Ackman - American BusinessmanI Am , End , Believe , Earth
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.
Author: Bill Ackman - American BusinessmanWorld , Good , Management , Change
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.
Author: Bill Ackman - American BusinessmanLong , Short , Think , Good