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Published · transcript-backed

Bill Ackman: belief

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

“I think you’ve seen a lot of that in the last year. And I would say some combination of embarrassment and pride are huge motivators for everyone from Sergey Brin, to the management of the company.”

— 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

…How would you rate their ability to wake up, lose weight, and be less happy and aggressively rediscover their search for happiness? I think you’ve seen a lot of that in the last year. And I would say some combination of embarrassment and pride are huge motivators for everyone from Sergey Brin, to the management of the company. And Demis Hassabis threw them into the picture and all of DeepMind teams, and the unification of teams and all the shakeups. It was interesting to watch the chaos. I love it. I love it when everybody freaks out. Like you said, partly embarrassment, and partly that competitive drive that drives engineers, is great. I can’t wait to see what… They’ve [inaudible 00:32:31] a lot of improvement in the product, let’s see where it goes. You mentioned management. How do you analyze the governance structure and the individual humans that are the managers of a company?…

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