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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
Subjectvalue investing
What Bill Ackman actually said
- 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 7 Sept 2026 · How quotes work · Something wrong? Tell us
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