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:
Comus Investment, LLC performance update for the third quarter ended September 30, 2022. Dear Partners, In the third quarter of 2022, our investments experienced a total return of -2.25% before fees and -2.88% after fees, versus -4.88% for the S&P 500 index. At this point, you will have received reports with the details on your Read More
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