26-01-2013, 09:13 AM
I must admit that I never heard about this company nor its products before but I happened to turn into CNBC early this morning when the 'Clash of the Titans' segment between Carl Icahn and Bill Ackman was telecast.
It was the most fascinating 15-20 mins of financial live TV I ever watched.
Not knowing much of the background, I slowly figured that Bill Ackman made a very public 3-hr presentation on Herbalife and why he felt the company was operating a pyramid scheme and basically worthless. As such his company has taken a short position on the company.
Sound a lot like Muddywater vs Olam, doesn't it? Except in this case, you have someone who dun like Ackman in Icahn and there are speculation that he has taken an opposite position on Herbalife just because he dun like Ackman.
Is Bill Ackman right? Judge for yourself. His epic 300+ presentation that took a yr to research is available online. I think he raised many fascinating points which are instructional to value investors.
Who Wants to be a Millionaire?
One more thing, Herbalife apparently has a web presence in Singapore if you google for it. I wonder if there are any Herbalife Independent Distributor in Singapore.
It was the most fascinating 15-20 mins of financial live TV I ever watched.
Not knowing much of the background, I slowly figured that Bill Ackman made a very public 3-hr presentation on Herbalife and why he felt the company was operating a pyramid scheme and basically worthless. As such his company has taken a short position on the company.
Sound a lot like Muddywater vs Olam, doesn't it? Except in this case, you have someone who dun like Ackman in Icahn and there are speculation that he has taken an opposite position on Herbalife just because he dun like Ackman.
Is Bill Ackman right? Judge for yourself. His epic 300+ presentation that took a yr to research is available online. I think he raised many fascinating points which are instructional to value investors.
Who Wants to be a Millionaire?
One more thing, Herbalife apparently has a web presence in Singapore if you google for it. I wonder if there are any Herbalife Independent Distributor in Singapore.