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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
A private bookmark. Not a position, and never counted.
What Bill Ackman actually said
Word for word, with the source under each one. They did not write this page.
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.
Added to korrents 20 Feb 2024 · How quotes work · Something wrong? Tell us
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