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Lex Friedman February 20, 2024 3h 32m

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

Summary

This discussion features activist investor Bill Ackman on the Lex Fridman podcast, focusing on his influence and controversial actions, including the Harvard president's resignation. A key takeaway from Ben Graham's "The Intelligent Investor" is the critical distinction between price and value, emphasizing that the stock market serves investors, especially in the long term when it acts as a weighing machine.

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