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. — Bill Ackman Copy Share Image
As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven't done enough research into any… — Bill Ackman Copy Share Image
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… — Bill Ackman Copy Share Image
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… — Bill Ackman Copy Share Image
I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making -… — Bill Ackman Copy Share Image
If you think of the typical Herbalife distributor and their level of sophistication, to this day I still don't understand the marketing plan -… — Bill Ackman Copy Share Image
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… — Bill Ackman Copy Share Image
In order to be successful, you have to make sure that being rejected doesn’t bother you at all. — Bill Ackman Copy Share Image
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical. — Bill Ackman Copy Share Image
I am always prepared to do the right thing regardless of what other people think. — Bill Ackman Copy Share Image
