📚 2 Books mentioned in "Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech | Lex Fridman Podcast #413" of Lex Fridman Podcast

Podcast: Lex Fridman Podcast
Episode: Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech | Lex Fridman Podcast #413
Published on February 20, 2024
Here’s a list of all the books mentioned in this episode. Click on the links to watch specific excerpts on YouTube and feel free to purchase the books if they caught your interest!

America's Cultural Revolution
Buy America's Cultural Revolution by Christopher F. Rufo on Amazon
I had someone—a friend of mine—send me Christopher Rufo’s book 'America's Cultural Revolution,' which is sort of a sociological study of the origins of the DEI movement and critical race theory.
In this segment, Bill Ackman shares that a friend sent him Christopher Rufo's book 'America's Cultural Revolution,' which explores the sociological aspects of the DEI movement and critical race theory.

The intelligent investor
Buy The intelligent investor by Benjamin Graham on Amazon
In your lecture on the basics of finance and investing, you mention the book 'The Intelligent Investor' by Benjamin Graham as being formative in your life.
Lex Fridman tells Bill Ackman that he highlighted the book 'The Intelligent Investor' by Benjamin Graham in a prior lecture, noting its significant impact on his understanding of finance and investing.
The key is to buy at a price that represents a big discount to that approximation. That gets back to Ben Graham.
During a discussion on value investing, Bill Ackman references the ideas of Benjamin Graham, highlighting the importance of purchasing at a significant discount without explicitly naming Graham's famous book.
As Mr. Graham said, in the short term, the market acts like a voting machine with a bunch of lemmings voting in one direction, which can be concerning.
Bill Ackman discusses a concept by Benjamin Graham, referring to the ideas presented in Graham's investment book, although the book itself is not explicitly named in the conversation.