tag:blogger.com,1999:blog-4815867514277794362.post4217899561368066185..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Bill Ackman either lacks imagination or has a touching faith in governmentJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger35125tag:blogger.com,1999:blog-4815867514277794362.post-2045375372570205012013-01-20T01:40:35.922+11:002013-01-20T01:40:35.922+11:00My comment is... With over 70,000 Nutrition Clubs,...My comment is... With over 70,000 Nutrition Clubs, this man tasted ONE SHAKE in ONE CLUB, in ONE CITY, made by arguably new club owners. I agree that Bill Ackman is incorrect in his claims against Herbalife, but I disagree with the comment that the Herbalife products "taste bad". You just had a bad experience, with someone who doesn't know how to make a WOW shake. Why don't you try visiting some of the ENGLISH clubs. I am still in awe that as SICK as we are as an OBESE people in USA, and globally that ANYONE would choose to pick on a company that has changed so many lives. Herbalife is helping a global obesity epidemic and a global underemployment epidemic. Something that Wall Street AND the government, don't even pay attention to! My suggestion is that Bill get on the Herbalife products ASAP! Then he will KNOW why Herbalife is growing by a BILLION dollars a year! #jealousAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-61697366733577284322013-01-11T08:24:14.916+11:002013-01-11T08:24:14.916+11:00Herbal Life Treadmill to Hell
That is to say ...<a href="http://seekingalpha.com/article/1105911-herbalife-headscratchers" rel="nofollow"> Herbal Life Treadmill to Hell </a> <br /><br /><i> That is to say that a huge percentage of those who try the brand abandon it in less than a year. That is to say that the LTV of a customer/distributor is not conducive to a long and steady stream of stable, corporate cashflows .... Churn rates at the bottom of the HLF pyramid are simply too high for this company to sustain itself.<br /><br />Ackman will be right - not if, but when. </i>Shawnhttps://www.blogger.com/profile/08155630920582744324noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-52356252337985986682013-01-10T21:20:49.695+11:002013-01-10T21:20:49.695+11:00I'm surprised no one has commented on the weir...I'm surprised no one has commented on the weird coincidental collusion between Einhorn and Ackman. Ackman and Einhorn "traded short ideas over many years," according to the Ackman MBIA book Confidence Games. On top of that, here is the timeline according to the Bloomberg article you mention:<br /><br />2011: Ackman came up with an HLF short thesis after being tipped by none other than the other of Confidence Games sometime last year<br /><br />Early 2012: Pershing decided to short the stock IF they could find the catalyst.<br /><br />May 2012: Einhorn calls in to ask the questions exactly along Ackman's short thesis<br /><br />"Ackman began shorting the stock before the call was over."<br /><br />Is the more reasonable conclusion here a) Einhorn and Ackman came up with this idea completely separately, and Ackman used this break to create a $1B short, or b) they discussed the idea beforehand, and both profited on each others' actions?<br /><br />Perhaps they they covered their proverbial tracks, but the timing stinks as much as HLF's business model.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-82611301383671012212013-01-10T20:04:54.428+11:002013-01-10T20:04:54.428+11:00http://www.cnbc.com/id/100364629
It seems that FT...http://www.cnbc.com/id/100364629<br /><br />It seems that FTC will not take any action against HLF from the CNBC video.<br /><br />I agreed that it is very dangerous to invest, just based on the government actions. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-39527789345089192542013-01-10T19:51:12.076+11:002013-01-10T19:51:12.076+11:00the plot gets thicker...
http://dealbook.nytimes.c...the plot gets thicker...<br />http://dealbook.nytimes.com/2013/01/09/loeb-counters-ackmans-bet-against-herbalife/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-85985992637112314522013-01-10T13:23:46.110+11:002013-01-10T13:23:46.110+11:00Agree with you that the gov't is unlikely to a...Agree with you that the gov't is unlikely to act, but think Ackman was just taking license. The company clearly comes across as a pyramid scheme offering a product that holds no strategic advantage over its competitors. It's a bad bet to be long this company over the longer term. Time is against them, as it is against all pyramid and ponzi scheme operators.Conscience of a Conservativenoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-91917739142168466292013-01-10T12:31:04.447+11:002013-01-10T12:31:04.447+11:00Google Trends on word Herbalife proves Ackman has ...Google Trends on word Herbalife proves Ackman has had no effect so far-> http://stks.co/eHtZStocks DDhttps://www.blogger.com/profile/12288966234260002690noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-25249844626595477762013-01-10T11:56:12.815+11:002013-01-10T11:56:12.815+11:00By definition a pyramid is unsustainable but that&...By definition a pyramid is unsustainable but that's maybe like saying in the long term we're all dead (or that in the long term, all governments must pay their debts). Avon has been publicly traded for 49 years, after all. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-51980434366471899752013-01-10T08:11:32.157+11:002013-01-10T08:11:32.157+11:00So, to prove everybody wrong, the SEC just opened ...So, to prove everybody wrong, the SEC just opened an inquiry into Herbalife. Unknownhttps://www.blogger.com/profile/02062708921603881236noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-91129424007228937482013-01-10T07:12:49.244+11:002013-01-10T07:12:49.244+11:00WSJ MARKETS ALERT: SEC Opens Inquiry Into Herbalif...WSJ MARKETS ALERT: SEC Opens Inquiry Into HerbalifeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-13547414305474351082013-01-10T04:22:43.956+11:002013-01-10T04:22:43.956+11:00The comment about Einhorn's book is fitting. I...The comment about Einhorn's book is fitting. If you've read his struggle with Allied, you get a feeling about the ugly trench warfare this can become. The difference being that Einhorn never sized his position to potetially destroy him.Finsternoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-31727833227874529062013-01-09T15:35:38.939+11:002013-01-09T15:35:38.939+11:00Hmmm....
Payday loans, Title loans
lawsuit lending...Hmmm....<br />Payday loans, Title loans<br />lawsuit lending, rent-a-center<br />other mlm (amway etc), debt reduction- negotiation scams, phone psychics,work at home scams, lotteries, video professor. Pretty much anything advertised on daytime tv commercials, ( overpriced power scooter chairs paid by medicare, term life insurance, liberty medical etc)<br />I've seen alot of new sketchy ads for something called reverse mortgages, not sure how that operates but they advertise at the same time as other rip off commercials. I don't know if commercials are more consumer regulated in aus, but just watch the us commercials that play late at night or during the price is right weekday mornings that target older or un(under)employed people.<br />To the govt's credit they did shut down enzyte, so it does happen once in a while.<br />http://en.wikipedia.org/wiki/Enzyte<br />Claytonhttps://www.blogger.com/profile/12496358961702798312noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-72256906830930412652013-01-09T11:17:51.267+11:002013-01-09T11:17:51.267+11:00I agree with the last comment. Nobody can underest...I agree with the last comment. Nobody can underestimate the connections of these big wealthy guys. Remember ACKMAN's vision in GGP bankruptcy. None of the trusts that owned the MBS were allowed to liquidate. Also until that time collateral behind the trusts were remote from parent in case of parent's bankruptcy. Ackman's vision literally changed that legal precedent. Remember his famous words in that bankruptcy case " I have talked to the judge. I have heard what he had to say. We think he is the right judge at the right time"Stocks DDhttps://www.blogger.com/profile/12288966234260002690noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-43312174981177113702013-01-09T06:22:59.901+11:002013-01-09T06:22:59.901+11:00Food Fight!!!
OK, how about massive fraud, totali...Food Fight!!!<br /><br />OK, how about massive fraud, totaling into the billions, at the DOD?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-48071886730053198182013-01-09T05:31:54.316+11:002013-01-09T05:31:54.316+11:00OT-any further thoughts on Gulfport?OT-any further thoughts on Gulfport?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-52034620645394910622013-01-09T04:31:06.731+11:002013-01-09T04:31:06.731+11:00"Bill Ackman either lacks imagination or has ..."Bill Ackman either lacks imagination or has a touching faith in government".. or believes that the pyramid scheme comes to an end in the foreseeable future. <br /><br />By definition the pyramid scheme is a non-sustainable business model. The question is, for how long can HLF survive?Ekunoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-68173925372789012332013-01-09T01:29:03.410+11:002013-01-09T01:29:03.410+11:00Climate Change. LOL. Good one! Climate Change. LOL. Good one! Anonymoushttps://www.blogger.com/profile/07220401887008198801noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-77586240982536947182013-01-09T00:01:19.137+11:002013-01-09T00:01:19.137+11:00Regulators, embarrassed by their own failures to s...Regulators, embarrassed by their own failures to see the truth, typically take no action until long after the companies in question have collapsed.<br /><br />As for those with the gift of sight? Homer wrote long ago:<br /><br /><i>"I heard Priam's daughter Cassandra scream as Clytemnestra killed her close beside me."</i><br /><br />Sad but true.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-31991979723660465882013-01-08T21:03:32.377+11:002013-01-08T21:03:32.377+11:00John - perhaps he has a touching faith in the abil...John - perhaps he has a touching faith in the ability of his money to buy the necessary coverage and lobbying? On the one hand, there is a lot of hand-wringing about revolving door between government and the private sector. On the other hand, we pooh-pooh the ability of billionaires to get the government to do something? <br /><br />What would it take to start an FTC investigation? It doesn't even need to result in HLF's being found guilty. Even a credible rumour of an investigation might be enough to spook the stock to levels where Ackman can exit without too much egg on his face.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-37226878303584119772013-01-08T20:30:22.214+11:002013-01-08T20:30:22.214+11:00The risk for regulators might be more akin to SOPA...The risk for regulators might be more akin to SOPA. If HLF mobalizes 3 million soccer moms (and they tell 2 friends...), I can easily see the public 'fight' portrayed as destroying employement. HLF has no choice to let this play out in the public's eye.Jeffrey Hildebrandhttp://www.brandnet.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-62877173775217726402013-01-08T17:26:46.402+11:002013-01-08T17:26:46.402+11:00Sorry if this is a repeat comment, but I think it ...Sorry if this is a repeat comment, but I think it is silly to compare the FTC's or SEC's inaction to congressional inaction on gun control or global warming. The true "comps" are other companies that the SEC has been warned about, where the warnings were ignored and the companies subsequently blew up. John, would you mind shareing the names of companies you blew the whistle on and the SEC did nothing?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-45860705872384449422013-01-08T14:18:55.891+11:002013-01-08T14:18:55.891+11:00I guess he never read David Einhorn's book.I guess he never read David Einhorn's book.Rosshttps://www.blogger.com/profile/03613221004503802445noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-4048850861735817082013-01-08T13:25:55.544+11:002013-01-08T13:25:55.544+11:00Excellent point John!
BTW any uon this Taibbi art...Excellent point John!<br /><br />BTW any uon this Taibbi article:<br />http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104Anonymoushttps://www.blogger.com/profile/08731649548396602000noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-40349177616389101342013-01-08T11:03:26.715+11:002013-01-08T11:03:26.715+11:00Government run lotteries. Government run lotteries. cargocultinvestorhttps://www.blogger.com/profile/01741832702762624526noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-71685363424372344372013-01-08T09:53:56.029+11:002013-01-08T09:53:56.029+11:00Healthcare (n, oxymoron)- around 1 trillion of was...Healthcare (n, oxymoron)- around 1 trillion of wasted spending per year, extrapolated to exceed GDP in 2082, about 100,000 deaths per year from medical errorBurnt Quacknoreply@blogger.com