Bill Ackman

Last week, Herbalife shares took a bit of a dive after a senator suggested that the SEC and FTC might want to consider possibly looking into whether anything Bill Ackman has said about the company might be true. This week, they’re back to costing Pershing Square investors money, because Herbalife’s chief cheerleader has decided he’ll only be singing its praises privately from here on out, and to the choir, at that, presaging something very bad for said Pershing Square investors, people say. Read more »

Bill Ackman Will Be Sippin’ On Courvoisier Tonight

The Pershing Square chief will take a break from making himself sick on Herbalife Formula 1 shakes—proving they don’t work or whatever—to celebrate his latest victory with some very lucrative hooch. Read more »

  • 07 Jan 2014 at 2:25 PM

Area Hedge Fund Manager Lets His Scalps Talk For Him

How does an activist hedge fund manager express to executives at the subject of of his activism that they’re in his world now? That proposed changes to the company will happen with or without management? That we can do this the easy way or the hard way? Some threaten to take things public, via CNBC, Twitter, and the like. Others use well-timed coughs to mutter “Box up your crap, because you’re all going to be out of here by the end of the day” (followed by “I’m sorry, nagging tickle in my throat”). The best of the bunch, though, the most seasoned activists in the game, prefer a more subtle approach. Read more »

New HLF Product: The Tables Have Turned

With its diet shakes and septuagenarian enemas selling so well, the folks at Herbalife have a little more time and a few more dollars to spend screwing with Bill Ackman as Bill Ackman has screwed with it. Read more »

Bill Ackman Actually Pretty Good At Running A Hedge Fund

He’s up 10%, in spite of, you know, those setbacks. Read more »

Pershing Square’s Bill Ackman appeared on Bloomberg Television for an hour today from the Robin Hood Investors Conference in New York, telling Bloomberg TV’s Stephanie Ruhle that he’ll take his Herbalife bet “to the end of the earth” even as he has lost $400-$500 million on the investment. He also said that Herbalife longs are all 80-year old billionaires. Carl Icahn responded to Ackman in a conversation with Bloomberg TV’s Trish Regan, saying: “I fail to understand how Bill Ackman, whom I haven’t spoken to for years, nor do I intend to speak to, would know what I am or am not committed to. I continue to believe Herbalife has a great future, and in my opinion many of the things Ackman says about it are simply the rantings of a sore loser…Interestingly there is something that Ackman and I have in common. Ackman complained at an Oxford conference that every time I went on TV and mentioned Herbalife, the stock went up a few points. Well, that’s also true of him.” Read more »

Pershing Square Did Pretty Okay For Itself Last Month

October performance. Read more »