Bill Ackman: Don't Create A World In Which People Can Outsource The Work

Pershing Square Capital Management founder and CEO William Ackman was on CNBC this morning with Michael Porter, a Harvard Business School professor and Clayton Rose, a Harvard Business School professor and Freddie Mac board member. Ackman spoke about the dangers of outsourcing. “I think we want smart investors,” he said. “We want people to have access, but don't create a world in which people can outsource the work to others.”