Because Pershing Square manages a highly concentrated portfolio, they do not need to make investment decisions under time pressure and can go very deep on companies; they add only one or two new ideas per year, which means they can spend more time on each idea than most investors.
causalpending
Speaker
Bill AckmanEvidence Quote
“because we manage a very concentrated portfolio we have the benefit of going very very deep on something and we don't need to make a decision there's no time pressure”
Source
Bill Ackman: Dealing with Haters, My Largest Trade Ever, and Sounding the Alarm for the Government— The Knowledge Project PodcastCreated: 8/10/2026, 11:24:39 PM
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