korrents

Our readingWhat is a korrent?

A large, respected owner on the board is what buys a CEO the time to make decisions that only pay off years later.

Drawn from what Bill Ackman said

Subjectmanagement
What this subject means

management Running the place: an executive's calendar, dissent, severance, and what a manager is actually for.

Mental modelPlay long games

What Bill Ackman actually said

  1. Bill Ackman Founder and chief executive of Pershing Square Capital Management
    That large owner on the board can help buy the time necessary for management to behave in a longer term way. And that's, I think, good for all the shareholders.

    Where this was said

    Watch from 0:54:19 plays here

    ↗Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech | Lex Fridman Podcast #413youtube.com

    20 Feb 2024 · video · 3h 32m · spoken · official transcript

    All 22 korrents from this recordingthis one is 14th

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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