SHOW DIRECTORY
The Knowledge Project
Shane Parrish interviews CEOs, investors, and business leaders about the principles and decisions behind exceptional performance.
SOURCE DESCRIPTION · YouTube
1 EPISODEENSELECTED SOURCE
SUBSCRIBE[Feed_]
Language
Bill Ackman: People are Going to Lose a Lot of Money
AI is transformational but bubble-like, with one startup’s valuation jumping from $400 million to $1 billion in two weeks and another reaching $5 billion in Series A.Cognition’s claimed COBOL modernization in days could lower bank costs, but pricing power determines whether shareholders retain the savings.Ackman therefore emphasizes disciplined capital use, continual moat reassessment, and exiting when confidence—not merely price—breaks.