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The value of anything is the present value of the cash you can take out of it over its life.
Drawn from what Bill Ackman said
Subjectvalue investing
What Bill Ackman actually said
- Bill Ackman Founder and chief executive of Pershing Square Capital Management
The value of anything, I would say, other than love, let's say, is the present value of the cash you can take out of it over its life.
Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us
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