3 ms·
This is basically describing a much smaller scale version, with much lower stakes, of what Bill Ackman has been trying to do to Herbalife for the past couple ye
by eitally 12y ago
This is basically describing a much smaller scale version, with much lower stakes, of what Bill Ackman has been trying to do to Herbalife for the past couple years. He even placed a bet against Carl Icahn (https://www.youtube.com/watch?v=hCZRk1lL90Q https://www.youtube.com/watch?v=hCZRk1lL90Q), and they've traded "winnings" and "losings" in the hundreds of millions over the past two years.
- imjk 12y agoThis is what a lot of activist hedge funds do in general.