# Bill Ackman’s billions began with $14,000 and a Buffett-linked book 2026-08-14T09:06:49+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet Bill Ackman's journey to building Pershing Square Capital Management began with a $14,000 commission earned selling ads for Harvard’s Let’s Go travel guides, as reported by the Times of India. After college, he worked at his father’s real estate firm, where a colleague recommended Benjamin Graham’s The Intelligent Investor. Graham’s value-investing principles, which had shaped Warren Buffett, convinced Ackman to pursue investing. He earned an MBA from Harvard, co-founded Gotham Partners in 1992, and later founded Pershing Square in 2004, which grew into a major activist fund with stakes in companies like Chipotle and Canadian Pacific Railway. ## Coverage - timesofindia.indiatimes.com Tags: Benjamin Graham, Bill Ackman, Harvard, Pershing Square, value investing, Wall Street Canonical: https://indianopinion.org/bill-ackmans-billions-began-with-14000-and-a-buffett-linked-book/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bill-ackmans-billions-began-with-14000-and-a-buffett-linked-book/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.