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:

Carlson Capital’s Double Black Diamond Adds 3.3% In August

Screenshot 2021 09 18 09.22.32Clint Carlson's Carlson Capital Double Black Diamond fund returned 3.34% in August net of fees. Following this performance, the fund is up 8.82% year-to-date net, according to a copy of the firm's August investor update, which ValueWalk has been able to review. On a gross basis, the Double Black Diamond fund added 4.55% in August Read More

H/T Plan Maestro

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