A korrentour readingWhat is a korrent?
An investor who never borrows against their securities can afford to think, because no fall in price can force them to sell.
Drawn from what Bill Ackman said
A korrentour readingWhat is a korrent?
Drawn from what Bill Ackman 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
So as long as you don't borrow against securities, you own really high quality businesses and it's not money that you need in the short term, then you can actually be thoughtful about it.
Added to korrents 20 Feb 2024 · How quotes work · Something wrong? Tell us
Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.