Bill Ackman

Bill Ackman thinks that Herbalife is giant a pyramid scheme. Herbalife is a company that sells weight loss shakes, vitamins and other similar products. Ackman has placed a $1 billion short bet against the company. In this NPR interview Ackman again stresses his short case, and why he is placing a huge amount of money and his reputation on the company failing. The segment starts with David Einhorn’s question on the Herbalife conference call.

The audio segment is embedded below:

H/T Plan Maestro

Sign Up For Our Free Newsletter and like our Facebook page for latest news updates and leaks. ValueWalk’s Under The Radar Hedge Fund Ideas Is Only $49.99 (CLICK HERE! IT'S LIMITED TIME OFFER)