Perhaps nobody made more money by betting against the crowd during the pandemic than Bill Ackman. The Wall Street Journal reported recently, that the legendary hedge fund manager and CEO of Pershing Square Capital Management made two complex debt investments—one presaging the economy’s swift shutdown and the other it’s fevered reopening— Ackman made nearly $4Continue reading “How To Go Against The Crowd And Beat The Crowd”
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Bet On Things That Never Change In A World That Never Stop Changing
Things that never change in a world that never stops changing are the most important things to pay attention to. Change gets most of the attention because it’s exciting and surprising. But things that stay the same – how people behave, how they think, how they’re persuaded – are the real meat of history. PeopleContinue reading “Bet On Things That Never Change In A World That Never Stop Changing”