Bill Ackman and Warren Buffett are two of the most well-known investors of the past 75 plus years.

While Buffett is no longer the CEO of Berkshire Hathaway (NYSE:BRK)(NYSE:BRK), he built the conglomerate from owning a textile business into an insurance and investment powerhouse.

Ackman is trying to accomplish the same.

Ackman Wants the Next Berkshire Hathaway Speaking at a recent All-In Podcast live event, Ackman highlighted the investment methods used by Buffett to build value for Berkshire Hathaway over time.

Ackman said Buffett was really the first to focus on the asset side more than the liability side of the insurance sector.