Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalism

Good morning. Fortune Editor-in-Chief Alyson Shontell writing this morning from New York. If you’ve heard of Bill Ackman, you probably have an opinion of Bill Ackman. The outspoken billionaire is the founder of Pershing Square, a hedge fund that has made wildly successful bets (like Chipotle and Canadian Pacific Railway) and overcome epic disasters (like Valeant Pharmaceuticals and Herbalife). When I was researching Ackman for the latest episode of my Fortune 500: Titans and Disruptors of Industry podcast, I was struck by qualities he expressed when he was young that would later shape his career. One was his ambition. As a teenager, Ackman predicted to his dad (who gave him no allowance and declared he would never receive an inheritance) that he would become a millionaire by age 30, have $