When you find yourself in a hole (whether investment or personal), the key is to make small progress every day; compounded progress will eventually dig you out, rather than focusing on the distant peak that seems unreachable.
normativepending
Speaker
Bill AckmanEvidence Quote
“my business plan was just to make a little progress every day and if you make a little progress every day eventually that compounded progress will dig you out of the hole”
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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