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Investing well requires reversing the human instinct to grow excited as prices rise and fearful as they fall.
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
People tend to get excited about investments when stocks are going up and they get depressed when they're going down. And I think that's just inherently human. You have to reverse that. You have to get excited when things get cheaper and you got to get concerned when things get more expensive.
Added to korrents 20 Feb 2024 · How quotes work · Something wrong? Tell us
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