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Bill Ackman: Why This Market Is Not a 1920s Bubble

November 4, 2026

transcription_failed: All 18 attempt(s) failed for video 6DhuhwhliaQ: ip=104.239.80.55:5633 client=android: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.239.80.55:5633 client=ios: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.239.80.55:5633 client=web: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.253.59.50:6473 client=android: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.253.59.50:6473 client=ios: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.253.59.50:6473 client=web: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=185.202.175.203:8403 client=android: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=185.202.175.203:8403 client=ios: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=185.202.175.203:8403 client=web: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.238.8.190:6048 client=android: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.238.8.190:6048 client=ios: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=104.238.8.190:6048 client=web: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=198.154.89.70:6161 client=android: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=198.154.89.70:6161 client=ios: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=198.154.89.70:6161 client=web: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=154.6.114.51:7020 client=android: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=154.6.114.51:7020 client=ios: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies ip=154.6.114.51:7020 client=web: ERROR: [youtube] 6DhuhwhliaQ: Sign in to confirm you’re not a bot. Use --cookies-from-browser or --cookies for the authentication. See https://github.com/yt-dlp/yt-dlp/wiki/FAQ#how-do-i-pass-cookies-to-yt-dlp for how to manually pass cookies. Also see https://github.com/yt-dlp/yt-dlp/wiki/Extractors#exporting-youtube-cookies for tips on effectively exporting YouTube cookies

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