William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour
William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour. WILLIAM ACKMAN, Activist Investor and Hedge-Fund Manager We all want to be financially stable and...
========== So let’s begin. We’re going to
go into business together. We’re going to start a company and we’re going to
start a lemonade stand and now I don’t have any money today, so
I'm going to have to raise money from investors to launch the business. So how am I going
to do that? Well I'm going to form a corporation. That is a little filing that you make with
the State and you come up with a name for a business. We’ll call it Bill’s Lemonade
Stand and we’re going to raise money from outside investors. We need a little money
to get started, so we’re going to start our business with 1,000 shares of stock. We
just made up that number and we’re going to sell 500 shares more for a $1 each to an
investor. The investor is...