Investing Playbook and AI Insights
Bill Ackman walks through his investing playbook and discusses the AI race, including comparisons between OpenAI, Anthropic, and SpaceX.
213Money Rehab with Nicole Lapin
Bill Ackman Breaks Down His Investing Playbook and Market Predictions
Hedge fund manager Bill Ackman discusses his investment strategy, potential market triggers, and personal financial advice.
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Bill Ackman on His Investing Playbook, His Bullish and Bearish Bets, and What Could Trigger the Next 2008
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Market Valuation and Crisis Triggers
Ackman analyzes whether the stock market is too expensive and discusses what could trigger the next financial crisis, referencing the 2008 era.
11523Bullish and Bearish Bets
In a rapid-fire round, Ackman shares his takes on gold, Bitcoin, Chipotle, Starbucks, T-bills, Trump, and Mamdani.
328Advice for New Investors
Ackman offers best advice for new investors, warns against borrowing against stocks, and shares a cautionary tale about Carl Icahn's leverage.
212425Personal Finance and Legacy
Ackman discusses his inheritance plans for his four daughters, the formula for business success, and the retirement crisis.
4273132Ask GenPod next
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“What specific companies are in Bill Ackman's current portfolio?”
“How does Bill Ackman plan to address the retirement crisis?”
“What are Bill Ackman's inheritance plans for his four daughters?”
Background reading
The context behind the episode.
Questions
Questions to carry into the episode.
What is Bill Ackman's view on the current state of the economy?
Ackman discusses the state of the economy and identifies opportunities he sees in the market.
112How does Ackman view the AI race between major players?
He compares OpenAI, Anthropic, and SpaceX in the context of the AI race.
13What does Ackman consider the biggest mistake new investors make?
Ackman identifies the biggest mistake new investors make and provides best advice for them.
221Experts
Voices named in the source.
Bill Ackman
Hedge Fund Manager
1Sources and disclosure
Where this guide comes from.
All investing involves the risk of loss, including loss of principal. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.
- Publisher show notes
Bill Ackman built one of the most closely watched hedge funds on Wall Street; when he speaks, markets move. Literally. Today, he joins Nicole to break down the opportunities he’s seeing in the market, which companies are in his portfolio, and what could trigger the next 2008.
- Publisher show notes
Bill walks Nicole through his investing playbook, the biggest mistake new investors make, and whether we’re in an AI bubble.
- Publisher show notes
Then, Nicole and Bill play a rapid-fire round of Bullish or Bearish where Bill gives his takes on gold, Bitcoin, Chipotle, Starbucks, T-bills, Trump, and Mamdani.
- Publisher show notes
Bill also gets personal about his inheritance plans for his four daughters, what he actually thinks makes someone successful in business, and whether he would run for office.
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Check out Nicole's financial literacy course The Money School
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Find a Financial Advisor or Financial Coach from Nicole's company Private Wealth Collective
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Watch video clips from the pod on Money Rehab's Instagram and Nicole Lapin's Instagram
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Follow Bill Ackman on X
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Learn about Pershing Square
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Here's what Nicole covers with Bill:
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00:00 Are You Ready for Some Money Rehab?
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01:14 Bill Ackman on the State of the Economy Right Now
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03:00 Who Wins the AI Race: OpenAI vs. Anthropic vs. SpaceX
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04:31 Why a Great Business Is Like a Bond
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05:56 Is the Stock Market Too Expensive Right Now?
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07:01 Where to Put Your First $1,0000
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7:39 Inside Pershing Square's 12-15 Stock Portfolio
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09:22 Democratizing Hedge Funds with PSUS
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10:39 Buying Stocks at a Discount
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11:18 Apple's Innovation Problem and Life After the iPhone
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12:33 The Best Advice for New Investors
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14:06 Are We in an AI Bubble?
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16:46 Predicting the Future and the Next Financial Crisis
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17:52 Why You Should Never Borrow Against Your Stocks
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19:20 Carl Icahn's Billion-Dollar Leverage Cautionary Tale
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20:16 The Worst Investing Advice He's Ever Heard
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23:00 Fixing the Retirement Crisis
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25:48 Bullish or Bearish: Gold, Bitcoin, Chipotle, Starbucks, Trump and Mamdani
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33:30 What It's Like When Your Tweets Move Markets
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35:15 Would Ackman Ever Run for Mayor of NYC?
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38:01 The World He Wants for His Four Daughters (and His Inheritance Plan)
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42:25 The Real Formula for Success in Business
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44:21 Bill Ackman's Tip You Can Take Straight to the Bank
- Publisher show notes
All investing involves the risk of loss, including loss of principal. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.
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