'The capital will find you': Bill Ackman says what you know is more important than who you know — and 1 skill is crucial
Key takeaways
- 'The capital will find you': Bill Ackman says what you know is more important than who you know — and 1 skill is crucial Patrick T.
- Asked what matters more in business — what you know, or who you know — Ackman said “what you know is more important.
- Here’s how to get rich from rising US property values with as little as $100 — and without the stress of angry tenants
'The capital will find you': Bill Ackman says what you know is more important than who you know — and 1 skill is crucial Patrick T. Fallon /Getty Dave Smith Mon, June 1, 2026 at 11:15 PM GMT+7 3 min read Bill Ackman, the 60-year-old billionaire founder of Pershing Square Capital Management, recently spoke to James Dumoulin from The School of Hard Knocks about how he became such a successful investor and what advice he’d give to young entrepreneurs just starting out. “The biggest challenge when you’re young is you want to make money really fast,” Ackman said in the interview. “That’s almost in investing a guaranteed bad outcome.”
Asked what matters more in business — what you know, or who you know — Ackman said “what you know is more important. The ideas are more valuable than the relationships.”
Here’s how to get rich from rising US property values with as little as $100 — and without the stress of angry tenants