As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven't done enough research… — Bill Ackman Active 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… — Bill Ackman Behalf 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… — Bill Ackman Am 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… — Bill Ackman About 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… — Bill Ackman Day 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… — Bill Ackman Assessment Copy Share Image
In order to be successful, you have to make sure that being rejected doesn’t bother you at all. — Bill Ackman Being successful Copy Share Image
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical. — Bill Ackman Bedrock Copy Share Image
I am always prepared to do the right thing regardless of what other people think. — Bill Ackman People Copy Share Image
If I believe that I am right, I will take it to the end of the earth until I am proven right. — Bill Ackman Believe Copy Share Image
Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud. — Bill Ackman Business Copy Share Image
Investing is a business where you can look very silly for a long period of time before you are proven right. — Bill Ackman Before Copy Share Image
I think a very good system in a world with a lot of passive investors is one in which there are at… — Bill Ackman Capital Copy Share Image
I think good private equity investors create a lot more economic value than they destroy. — Bill Ackman Create Copy Share Image
It is a certainty that Herbalife is a pyramid scheme. We believe it's harming a population of low-income, principally Hispanic people in… — Bill Ackman Believe Copy Share Image
If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has… — Bill Ackman All time Copy Share Image
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… — Bill Ackman A good thing Copy Share Image
The President is the CEO of this business that we call America. — Bill Ackman America Copy Share Image