Wealth quote of the day by Bill Ackman: “Investing is one of the few businesses where you can do everything right and still lose money in the short term. What matters is a strategy that works long term—and the discipline to ignore the noise.” Bill Ackman, the founder of Pershing Square Capital Management, is a name synonymous with high-stakes Wall Street drama. Ackman has spent decades perfecting a strategy known as activist investing. Unlike traditional investors who buy and sell quietly, Ackman takes massive, concentrated stakes in companies and publicly demands structural changes to unlock value.
