Pershing Square Founder and CEO Bill Ackman got his start by cold-calling multi-millionaires and billionaires for startup capital. Today, the billionaire hedge fund manager is a leading voice both on Wall St. and online, where he frequently shares candid opinions about investing, politics, and culture to about 2.7 million X followers. 

In this episode, Fortune’s Editor-in-Chief Alyson Shontell speaks with Ackman about his insights into today’s market, how he recovered from a multi-billion dollar loss, and his perspectives on President Trump and American politics.

Chapters

00:00 Cold Open

01:08 Advertisement

03:19 Ackman’s market insights

05:06 Why Ackman loves Uber

07:38 SpaceX, Anthropic, OpenAI IPOs

11:33 Ackman’s polarizing online presence

15:02 President Trump and Trump Accounts

18:13 Effective philanthropy

27:01 Becoming Bill Ackman

31:41 Cold-Calling the Forbes 400

35:03 Ackman’s biggest wins

40:52 Investing like Buffet

44:34 Ackman’s biggest losses

52:11 Pershing Square’s company culture

56:32 What’s next for Bill Ackman Learn more about your ad choices. Visit megaphone.fm/adchoices

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