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Buying the best business in the world at too high a price still produces poor returns.

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.

  1. Bill Ackman

    Founder and chief executive of Pershing Square Capital Management

    Price matters a lot. You can buy the best business in the world and if you overpay, you're not going to earn particularly attractive returns.

Added to korrents 20 Feb 2024 · How quotes work · Something wrong? Tell us

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