The Botox-maker would like to reiterate that Valeant doesn’t just need a facelift: It needs to be euthanized so that real pharmaceutical companies can make money the old-fashioned way, by repurposing deadly pathogens and marketing them to insecure women. Read more »
So someone’s been having a listen to what’s going on at Herbalife’s L.A. H.Q., someone tells Charlie Gasparino. And this someone’s pretty sure it isn’t one of the half-dozen or so state or federal agencies wondering if Bill Ackman is on to something with all this pyramid scheme talk.
Well, before you jump to the obvious conclusion, Bill Ackman wants you to know that it’s not Bill Ackman who’s been bugging the joint. Read more »
Forgiveness Means Being Open To Doing A Deal With A Guy Who Once Compared You To A “Crying Little Jewish Boy In The Schoolyard”By Bess Levin
And that’s why, despite Carl Icahn’s comments about him in the past, Bill Ackman is ready to take their newfound friendship to the next level (and why Icahn, who Ackman once described as a liar who takes advantage of little people probably feels the same way). Read more »
The highlight of Buffettstock is always Warren’s five-hour, off-the-cuff Q&A session with Berkshire investors at Omaha’s CenturyLink Arena, and this year was no different. The Berkshire chief and sidekick Charlie Munger ranged over a variety of topics for 38,000 adoring fans, including: Did they fuck up, re: Coke? Should a 59-year-old volunteer sheriff and college dropout take over as Berkshire chair when the 83-year-old Buffett expires? Can they invest all of the money they’re making?* And, last but not least, stuff they don’t like, notably high-frequency trading and activist investors. Read more »