Bill Ackman’s Herbalife Short Saga Started With Einhorn’s Question

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Bill Ackman’s Herbalife Short Saga Started With Einhorn’s Question
Bill Ackman Photo via InsiderMonkey, Flickr (CC BY-ND 2.0)

Bill Ackman's Herbalife Short Saga Started With Einhorn's Question

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:

DG Value Adds 36.4% YTD As Distressed Stocks Surge

Dov Gertzulin's DG Capital is having a strong year. According to a copy of the hedge fund's letter to investors of its DG Value Partners Class C strategy, the fund is up 36.4% of the year to the end of June, after a performance of 12.8% in the second quarter. The Class C strategy is Read More


H/T Plan Maestro

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