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Technology companies are the wrong place to look for durable businesses, because someone is always building a better version.

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

    And that's why we have tended to stay away from companies that are technology companies because technology companies generally... The world is such a dynamic place that someone's always working on a better version.

    Where this was said

    Watch from 0:31:00 plays here

    ↗Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech | Lex Fridman Podcast #413youtube.com

    video · 3h 32m · spoken · official transcript

    All 22 korrents from this recordingthis one is 6th

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

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