Bill Ackman, the founder chairman and CEO of Pershing Square Capital Management, said in an interview with CNBC that he is motivated by sex. Bill is featured in Maneet Ahuja’s latest book, “The Alpha Masters“.
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The legendary hedge fund manager added that sex is what motivates all humans. In Ahuja’s book, Bill Ackman explains how sex motivates people at everything from teaching in a classroom to entrepreneurship.
The Alpha Masters reveals the personal details of the world’s top nine hedge fund managers including; David Tepper, John Paulson and Bill Ackman.
“People don’t like to admit it, but it’s the primal driver,” Ackman is quoted as saying in the book. During the interview, Bill added that it’s a book for everyone who wants to get into the heads of the top fund managers. The rags to riches stories about these money managers will inspire novice as well as experienced investors.
Bill also mentioned that he has complete faith in J.C. Penney Company, Inc (NYSE:JCP)y’s CEO Ron Johnson. He told CNBC’s Squawk Box that Ron’s new strategies will bring meaningful progress to JC Penney, and the company has the right management team. JCP is in the midst of a painful transition that will take time. All that the company team needs are patience. Rob Johnson has previously worked with Apple.
The Alpha Masters was released today worldwide with rave reviews.