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Evidence receipt / belief

Published · transcript-backed

Bill Ackman: belief

20 Feb 2024 Lex Fridman Podcast #413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech

“If you look at businesses like a McDonald’s, it’s… Whatever, the company’s like an 1950 vintage business and here we are, 75 years later, and you can kind of predict what it’s going to look like over time. And the menu’s going to adjust over time to consumer tastes but I think the hamburger and fries is probably forever.”

— Bill Ackman

Source trail

Everything needed to verify it.

Speaker
Bill Ackman
Attribution
Verified speaker
Claim type
belief
Recorded
20 Feb 2024
Publisher
Lex Fridman Podcast

Transcript context

…Exactly, exactly. All right. That’s sort of one example. Another example could be just the restaurant industry. If you look at businesses like a McDonald’s, it’s… Whatever, the company’s like an 1950 vintage business and here we are, 75 years later, and you can kind of predict what it’s going to look like over time. And the menu’s going to adjust over time to consumer tastes but I think the hamburger and fries is probably forever. The Beatles, the Rolling Stones, the hamburger and fries are forever. I was eating at Chipotle last night as I was preparing these notes-…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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