3 ms·

You may not like it, but it is not necessarily a scam. Some of the posts by Bronte capital mentioned in the article http://brontecapital.blogspot.com/2015/06/h

You may not like it, but it is not necessarily a scam. Some of the posts by Bronte capital mentioned in the article http://brontecapital.blogspot.com/2015/06/herbalife-very-long-post.html http://brontecapital.blogspot.com/2015/06/herbalife-very-lon... http://brontecapital.blogspot.com/2016/07/herbalife-and-end-of-world.html http://brontecapital.blogspot.com/2016/07/herbalife-and-end-...

eej71 9y ago
It's unfortunate that you are being downvoted - especially since you are citing John Hempton's excellent work on the topic. It's really worth a read and an interesting counterpoint to Ackman's analysis.
- ZoeZoeBee 9y ago
  Long story short "The market can stay irrational longer than you can stay solvent.”
- troisx 9y ago
  He's being downvoted because the work is not excellent. Hempton uses Mormon end-of-the-world hoarding as the legitimate excuse for inventory loading.
  - eej71 9y ago
    We must have read it entirely differently. The second link, which is far briefer, highlights that Hempton has finally found an example of inventory loading by millennial members of the Mormon church. But he regards that as an edge case. So I don't read that as making the point that you seem to be criticizing. More important though is the first link which is extensive and addresses many of Ackman's claims and includes Hempton's own front line documentation. None of that has to do with defending Herbalife on the grounds of "Mormon end of the world hoarding".
the_duke 9y ago
Ahm, are you seriously offering those 'articles' as a serious defense or counter argument?
- ridruejo 9y ago
  Yes. Don't understand the airquotes. The blog has over a dozen of extremely well thought out articles, detailed analysis of Herbalife, including the author attending multiple events, getting to know the distributors, etc. in an effort to understand what is going on.
jmull 9y ago
I think you meant to say it's not necessarily illegal. It's a scam in any case because the products don't do what the people buying them are lead to believe they do and the distributor opportunities aren't the oppotunity the people buying into them are lead to believe.

eej71 9y ago

It's unfortunate that you are being downvoted - especially since you are citing John Hempton's excellent work on the topic. It's really worth a read and an interesting counterpoint to Ackman's analysis.

ZoeZoeBee 9y ago
Long story short "The market can stay irrational longer than you can stay solvent.”
troisx 9y ago
He's being downvoted because the work is not excellent. Hempton uses Mormon end-of-the-world hoarding as the legitimate excuse for inventory loading.
- eej71 9y ago
  We must have read it entirely differently. The second link, which is far briefer, highlights that Hempton has finally found an example of inventory loading by millennial members of the Mormon church. But he regards that as an edge case. So I don't read that as making the point that you seem to be criticizing. More important though is the first link which is extensive and addresses many of Ackman's claims and includes Hempton's own front line documentation. None of that has to do with defending Herbalife on the grounds of "Mormon end of the world hoarding".

the_duke 9y ago

Ahm, are you seriously offering those 'articles' as a serious defense or counter argument?

ridruejo 9y ago
Yes. Don't understand the airquotes. The blog has over a dozen of extremely well thought out articles, detailed analysis of Herbalife, including the author attending multiple events, getting to know the distributors, etc. in an effort to understand what is going on.

jmull 9y ago

I think you meant to say it's not necessarily illegal. It's a scam in any case because the products don't do what the people buying them are lead to believe they do and the distributor opportunities aren't the oppotunity the people buying into them are lead to believe.