Hedge fund titan Bill Ackman shares the secret that got him through his lowest moments

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Hedge fund titan Bill Ackman shares the secret that got him through his lowest moments

//travel-leisure.news-articles.net/content/2025/ .. ret-that-got-him-through-his-lowest-moments.html

Published in Travel and Leisure on Tuesday, June 10th 2025 at 2:26 GMT by Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

When his hedge fund was hemorrhaging money and he was splitting up with his wife of 25 years, Ackman said the concept of compounding interest got him through.

2025-06-10 312 x 156 / 53042 Bytes

Bill Ackman, the billionaire hedge fund manager, recently shared personal advice on managing finances during his divorce, emphasizing the power of compounding interest. In an interview with Fortune, Ackman revealed that he took out a loan during his divorce to maintain his lifestyle, a decision he now regrets due to the high interest rates. He stressed the importance of understanding how interest compounds over time, warning that small debts can balloon into significant financial burdens. Ackman advised his audience to avoid unnecessary loans and to focus on long-term financial planning, using his own experience as a cautionary tale about the dangers of short-term financial decisions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/08/bill-ackman-divorce-loan-personal-advice-compounding-interest/ ]