Why Is Bill Ackman Unafraid of Negative Feedback?
Bill Ackman says he is unafraid of negative feedback because he is not afraid of blowback or of losing his job. He believes the country does not move forward when people stay silent. Important things remain unsaid because of fear of blowback and fear that speaking could hurt someone's employment and get them fired. Because he does not share that fear, he says he is well positioned to take the risk of speaking the truth.
Katie Miller asked how long it took him to become unafraid, and how he reached a point where criticism does not land. She said she has met people with a similar net worth who still read their Google News and their news alerts and are afraid of any bit of negative criticism. Ackman answered that he cares enormously about his reputation. If someone had something negative to say about him that was true, it would bother him. A different point of view, or an ad hominem attack, does not affect him at all. People also tell him thank God he was willing to say it, and that it needed to be said. He does it because he thinks it is the right thing to do.
Bill Ackman: Harvard's Future, His Iconic X Posts & His Daughter's Recovery | KMP Ep.59 ·