Ackman’s Oedipus Complex

Bill Ackman
Ackman posted a seemingly apologetic note this week to “clarify” his comments on a much more personal subject: Warren Buffett. Photo: Scott Eells/Bloomberg/Getty Images
William D. Cohan
March 6, 2025

Bill Ackman, the voluble hedge fund manager, has a tendency to shoot from the hip, leaving even his friends scratching their heads. Lately, those misfires mostly occur on X, f.k.a. Twitter, where Bill is prone to long, unedited, unfiltered flights of fancy on all manner of topics. Earlier this week, for example, he speculated that perhaps CNN had been “tipped off” about last year’s assassination attempt on Donald Trump—a conspiracy theory that the network categorically rejected. Instead of backing down, Ackman defended his post by attributing his prowess as an investor to his “willingness to consider the improbable as possible.”