Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.
“Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.” Bill Ackman
“Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.” Bill Ackman
“If you think of the typical Herbalife distributor and their level of sophistication, to this day I still don’t understand the marketing plan – true … Read More
“Experience is making mistakes and learning from them.” Bill Ackman
“You can learn investing by reading books.” Bill Ackman
“Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market … Read More
“As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven’t done enough research into any of … Read More
“I think a very good system in a world with a lot of passive investors is one in which there are at least a few … Read More
“If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious … Read More
“I was a little bit of a cocky kid.” Bill Ackman
“It is a certainty that Herbalife is a pyramid scheme. We believe it’s harming a population of low-income, principally Hispanic people in the U.S. to … Read More
“I am always prepared to do the right thing regardless of what other people think.” Bill Ackman
“I’m not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making – just … Read More
“Investing is a business where you can look very silly for a long period of time before you are proven right.” Bill Ackman
“In order to be successful, you have to make sure that being rejected doesn’t bother you at all.” Bill Ackman
“If I believe that I am right, I will take it to the end of the earth until I am proven right.” Bill Ackman