BIll Ackman has never met a fight he shied away from. He just usually kept them focused on Wall Street. Now, the billionaire hedge-fund manager behind Pershing Square Capital Management has recreated himself as a kind of public advocate, waging wars against plagiarism, the leadership of Harvard University, his wife’s academic reputation and antisemitism on American college campuses — all issues far more central to the country’s culture wars than to making money.
Ackman says taking on such crusades is fine, because “with success also comes responsibility.” “If I see something that is a problem in society, I want to do something about it,” Ackman said late last week in a CNBC interview. “A lot of people with a lot of money and a lot of resources — they can sit on their yacht and that is fine. They can live their life and no one is going to criticize them.” “I want to look back and be able to say that I helped solve a number of problems,” he continued. “If you can’t tell by now, I’m a fixer.” Read more: Who is Bill Ackman, the hedge-fund billionaire who used corporate-raider tactics to push out Harvard’s president? How these issues should be addressed, and whether a hedge-fund manager is really the right person to fix them, are questions up for debate — and Ackman has attra …
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Ackman says taking on such crusades is fine, because “with success also comes responsibility.” “If I see something that is a problem in society, I want to do something about it,” Ackman said late last week in a CNBC interview. “A lot of people with a lot of money and a lot of resources — they can sit on their yacht and that is fine. They can live their life and no one is going to criticize them.” “I want to look back and be able to say that I helped solve a number of problems,” he continued. “If you can’t tell by now, I’m a fixer.” Read more: Who is Bill Ackman, the hedge-fund billionaire who used corporate-raider tactics to push out Harvard’s president? How these issues should be addressed, and whether a hedge-fund manager is really the right person to fix them, are questions up for debate — and Ackman has attra …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]