Bill Ackman Says He Can Size Up a CEO's Character in an Hour
Bill Ackman shares what success looks like to him and how he picks good leaders to surround himself with.
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RBC Capital Maintains Sector Perform on Pershing Square, Raises Price Target to $44
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Bill Ackman on AI: ‘Massively Increased the Risk of Disruption’
Bill Ackman shares his thoughts on how AI has made investments tougher to gauge.
Bill Ackman Just Said 4 Words Blasting the Fed's Latest Rate Hike: "Just Made a Mistake." Here's Why He Thinks Higher Rates Could Backfire on AI-Driven Inflation.
Bill Ackman criticizes the Federal Reserve's September 2024 rate hike, arguing that higher interest rates may backfire in the AI era. He contends that tech companies racing for artificial general intelligence will continue massive spending on AI compute regardless of borrowing costs, making demand inelastic. This could cause higher interest rates to be reflected only in AI product prices, potentially increasing rather than decreasing inflation.