
Bill Ackman on His Investing Playbook, His Bullish and Bearish Bets, and What Could Trigger the Next 2008
Bill Ackman built one of the most closely watched hedge funds on Wall Street; when he speaks, markets move. Literally. Today, he joins Nicole to break down the opportunities he’s seeing in the market, which companies are in his portfolio, and what could trigger the next 2008. Bill walks Nicole through his investing playbook, the biggest mistake new investors make, and whether we’re in an AI bubble. Then, Nicole and Bill play a rapid-fire round of Bullish or Bearish where Bill gives his takes on gold, Bitcoin, Chipotle, Starbucks, T-bills, Trump, and Mamdani. Bill also gets perso...
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market periods when everyone else is panicking. In fact, you want to have money to invest when
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Is this episode right for you?
B1 · Intermediate
Fine if you can follow simple news
- 85% of the words are B1 or easier.
- 181 words a minute: natural, fairly fast speech.
- 201 harder words (B2 and up) in the whole episode.
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The opening of the episode. The whole transcript is in the player.
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The key to being a successful long-term investor is being able to survive those kind of challenging market periods when everyone else is panicking. In fact, you want to have money to invest when others are panicking. Bill Ackman doesn't just manage a portfolio. As the founder of Pershing Square, he has built one of the most closely watched hedge funds on Wall Street. When this
guy tweets, he literally moves markets. Today, he tells me the biggest tip for investors. Invest in something that you believe will withstand the test of time, because the value of a business is the present value of the cash it generates over its life. The macroeconomic risks he's worried about.
I think the biggest risk to markets is that there are a lot of very levered players in the market and we're at risk to some kind of extrinsic shock and that stops to go down a lot.
That was the opening. The rest of the episode (47 min) is in the player: every word clickable, with translation, saved words and flashcards.
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