FII9: Bill Ackman - Founder & CEO, Pershing Square Capital Management

Bill Ackman discusses economic growth and pro-growth initiatives. He prefers less debt but emphasizes growing the asset side of the balance sheet. He highlights the pro-business environment and initiatives like infrastructure and AI investments. Ackman addresses foreign direct investment, noting exciting developments in the Middle East while remaining bullish on America. He views AI as a competitive arms race beneficial for global GDP and various sectors. He acknowledges the evolution of his investment philosophy, shifting from activism to influential shareholder status. Ackman believes the market is not overvalued, citing growth potential and AI's role in reducing business costs. He emphasizes that human intelligence still leads the markets, with AI serving as a tool. He addresses the challenge of economic disparity and the role of CEOs in promoting prosperity for all.