Bill Ackman’s Essay On DEI Being Racist
On this topic Bill Ackman has written a comprehensive, insightful piece and he is absolutely correct. He should be commended for it. In the past there have been times where he has made good calls and bad ones regarding investment themes and or specific trades. There have also been times where he has come across like a whining cry baby. This piece(and I don’t know if others have publicly explained it as well and in such detail) should go a long way to helping put the final nails in the coffin of DEI. I never spent much time or effort to study it. It seemed like just another woke, libtard agenda(which it is) so why waste a lot of time on it? Well done. https://www.zerohedge.com/political/intersectional-pyramid-oppression-after-much-reflection-bill-ackman-pens-magnum-opus-why
This is the same deep thinker who called for a world wide shut down during the covid scam, and was insistent about everyone needing to take the clot shots double quick. I’ll hold off on the commendation.
I commended him for this specific essay and stance. None of us gets them all right. As I said, he gets some wrong and has whined in the past. I call them as I see them and this one he got correct.
It is true, no doubt, that none of us are always correct. Yet some make such catastrophically stupid recommendations that they are forevermore relegated to the stupid zone. Shutting down the world over some scary headlines is one such recommendation. One needs to be a blithering idiot not to understand the horrendous implications of everyone in the world hibernating for a few months.
I agree about the Covid shutdowns and he has to live with that call. That doesn’t mean if he is spot on, on a different topic I can’t agree with him for getting it right.
Ackman does whatever benefits his Fund. Period!