iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,460 Blog Posts

The Bill Ackman, 10 Billion Dollar Man, Investor Letter

It’s fascinating to watch this lunatic explain his stubbornness.

In my career, I have not seen a less attractive risk-reward ratio than a long investment in Herbalife common stock at current levels.

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6 comments

  1. j livermore

    Indeud

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  2. TheHarper

    HLF is a pyramid scheme. plain and simple. If he holds on long enough, he will win.

    My friend pointed out to me last night that I only feel bad for Ackman because he’s Jewish. I can’t argue with that one.

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  3. ripper

    I still have great respect for a man turning 50MM into 10BIL over the course of ten years.

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  4. matt_bear

    the crazy part is that he’s absolutely right on HLF. We’re all going to wake up one morning, turn on the TV, and see news of HLF shares halted and being deemed worthless when they’re shut down.

    Have you ever tried to buy a bottle of this mythical Herbalife protein powder?

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    • blacknyellow20

      You do realize that only 20% of the company’s sales are in the US right? Don’t see how it could ever be a 0.00.

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    • marginal

      Irrational markets outlast rational behavior since… well, always.

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