2026.06.04 19:51

Bill Ackman told the story of Donald Bren - the 27th richest man in America that almost nobody has heard of he bought a fifth of Orange County for $337 million, one deal, 40 years - Forbes says he's worth $15 billion, Ackman says "Forbes is wrong, my guess is closer to $30 billion" "one way to find a great business is look in the Forbes 400 and see where people made their money" "we bought 25% of General Growth in 2008 for $60 million - it filed for bankruptcy - investors made a 100-fold return" Bren's edge was one strategy for 40 years - now strategies generate faster with AI - check the post below ↓

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