Saturday, May 2, 2020

Bill Ackman: Getting Back Up [The Knowledge Project Ep. #82]

Here is the interview with all the transcript.

We talk about how he’s bounced back from the brink of failure not once but twice, the lessons he’s learned from his parents and raising kids of his own, his information sources, making big bets, the world today and where we might be headed.

I think of philanthropy as something that is not genetic, it is learned, and it was something that my dad reinforced pretty much from the time I was a kid.
I’ve always had this view that success is not a straight line up. If you read the stories of successful people, almost every successful person has had to deal with some degree of hardship, whether that hardship is personal hardship, health-related hardship, or a business issue.
I’ve always had the view that how successful you are is really a function of how you deal with failure. If you deal with failure well and you persist, you have a high probability of being successful.
I admire people who take on unbelievable challenges and succeed.
One of the nice things psychologically about going to an office is that you go, you focus, and then when you come home it’s easier to leave it behind and it’s much harder to do that when your office phone is in the TV room.
I actually think that people will be that much more desperate for human connection after this experience than they were before.


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