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Most investments are really speculations, because only a handful of businesses can be predicted with any confidence.
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
And very few businesses that you can have a really high degree of certainty about. And as a result, many investments are speculations because it's really very difficult to predict the future.
Added to korrents 20 Feb 2024 · How quotes work · Something wrong? Tell us
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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.