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Judging how wide a company's moat is is the hardest thing an investor does, and this is the most disruptable period in history.

Drawn from what Bill Ackman said

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What Bill Ackman actually said

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  1. Bill Ackman

    Founder and chief executive of Pershing Square Capital Management

    The most difficult analysis to do as an investor is that, is kind of figuring out how wide is the moat, how much at risk is the business to disruption? And we're in, I would say, the greatest period of disruptability in history.

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

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