Bill Ackman once made 10,000% on a bankrupt firm —Here’s why he believes AI could repeat the pattern

Bill Ackman has a habit of making money where everyone else sees ruin. In 2008, as Wall Street wrote off General Growth Properties (then the second-largest mall operator in America), he bought roughly a third of the company for around $60 million.

Years later, that decision turned into one of the biggest wins in modern investing. Today, he says the same kind of thinking may still apply, just in a very different market. The conversation popped up during the All-In podcast with Chamath Palihapitiya, Jason Calacanis, David Sacks, and David Friedberg.