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