Why Ackman Plans to Maintain Bet Against Herbalife

The transcript discusses Bill Ackman's ongoing campaign against Herbalife, highlighting his belief that the FTC's findings align with his claims about the company being a pyramid scheme. Despite not explicitly labeling it as such, the FTC's complaint suggests financial harm to participants. Ackman remains committed to his short position, despite criticism and losses in his hedge fund. The discussion also touches on the dynamics of hedge fund investments in Herbalife, with Carl Icahn being a significant investor. Ackman plans to continue his efforts by engaging foreign regulators.

What is Bill Ackman's main argument regarding Herbalife's future?

• Herbalife will thrive due to FTC support.

• Herbalife will collapse due to FTC-imposed changes.

• Herbalife will merge with another company.

• Herbalife will expand its market share.

How did Ackman's hedge fund perform in 2014?

• It was down 20%.

• It was up 10%.

• It was up 40%.

• It broke even.

What is one of the criticisms faced by Ackman from his investors?

• He is too focused on short-term gains.

• He is reluctant to accept losses.

• He invests in too many companies.

• He is too quick to sell stocks.

Who is the major investor in Herbalife mentioned in the transcript?

• Carl Icahn

• George Soros

• Ray Dalio

• Warren Buffett

What was the FTC's stance on Herbalife according to the transcript?

• They did not explicitly label it a pyramid scheme.

• They endorsed Herbalife's business model.

• They declared it a pyramid scheme.

• They banned Herbalife from operating.