tag:blogger.com,1999:blog-4815867514277794362.post266583512557415343..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Notes on visiting an Herbalife nutrition club in QueensJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger109125tag:blogger.com,1999:blog-4815867514277794362.post-43569894662763249062017-09-29T22:22:19.756+10:002017-09-29T22:22:19.756+10:00He wasn't tough on the slug. Carl Icahn was to...He wasn't tough on the slug. Carl Icahn was tougher on prime time news Kiwionwinghttps://www.blogger.com/profile/18252766901533764588noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-48547356022254517282017-09-29T22:19:42.320+10:002017-09-29T22:19:42.320+10:00Yes I am a distributor of 33 year's and after ...Yes I am a distributor of 33 year's and after a trip around USA looking at club's. Talking to distributors, club owners, Directors of the company even 2 investment bankers trying to buy the company. <br /><br />I am with the information I learnt there, going to put huge effort into opening some clubs. <br /><br />In RSA anytime I would get you to quantify this blog as a training for top achieving people. Kiwionwinghttps://www.blogger.com/profile/18252766901533764588noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-65766951447452464692017-09-29T22:14:50.326+10:002017-09-29T22:14:50.326+10:00Agreed Agreed Kiwionwinghttps://www.blogger.com/profile/18252766901533764588noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-62246989084604369982017-09-29T22:13:45.746+10:002017-09-29T22:13:45.746+10:00Congratulations Congratulations Kiwionwinghttps://www.blogger.com/profile/18252766901533764588noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-21540691919949559482017-09-29T22:12:04.546+10:002017-09-29T22:12:04.546+10:00Anyone living with TV /movies know. But you are ri...Anyone living with TV /movies know. But you are right. I currently live in Durban South Africa see people wearing tee shirts with Queens / Brooklyn /even harajuku Tokyo. Do they know perhaps not Kiwionwinghttps://www.blogger.com/profile/18252766901533764588noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-73315911522412351702017-09-29T22:09:42.681+10:002017-09-29T22:09:42.681+10:00Just in a few clubs in Queens & harlem $6
Clu...Just in a few clubs in Queens & harlem $6 <br />Club's I visited a few times sold approximately 35 X 3 drinks. <br />Club owner I became friends with retailed way excess of $5000Kiwionwinghttps://www.blogger.com/profile/18252766901533764588noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-46839685499886537882014-07-24T18:14:59.349+10:002014-07-24T18:14:59.349+10:00Sounds like Herbalife could compete with the Churc...Sounds like Herbalife could compete with the Church of Scientology for "contributions" made to societyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-44251238807012363242014-04-22T03:06:18.965+10:002014-04-22T03:06:18.965+10:00If the nutrition clubs have REAL customers AND the...If the nutrition clubs have REAL customers AND the overall volume is at least half REAL customers, they do change whether HLF is an illegal pyramid. The above is the DEFINITION of an illegal pyramid. However, HLF operates very much like Amway, the world's largest MLM scam, click on my name for the details.Texhttp://www.stoptheamwaytoolscam.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-38763803812031059842014-04-20T08:37:51.619+10:002014-04-20T08:37:51.619+10:00Ackman's thesis is that HLF is a pyramid schem...Ackman's thesis is that HLF is a pyramid scheme. The nutrition clubs don't change that fact.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-65482278260730116122014-03-16T14:16:02.634+11:002014-03-16T14:16:02.634+11:00Great Post.
As far as the nutrition club debate..h...Great Post.<br />As far as the nutrition club debate..here are MY numbers. I took over an existing club that was going to close because the previous owners didn't know what they were doing. This was Jan 2013. Within 90 days I had the debts clear and the club has covered its own expenses and often a little more. Yes, a part of my daily (regular) customers are discount members (ie distributors). We offer free fit camps, meal plans, wellness Evals, and a support system. They get their daily services (shake, tea, aloe), and YES a hug, a pat on the back, and support. They are also using OTHER products like Skincare, the unbelievable sports supplement line, heart line, etc. I also have customers that pay retail off my shelf or order and we ship to them. My first year numbers are over $100,000 sales running through the club (cash or on the square) and my total org volume was over 300,000 points. The issue with the whole 'internal consumption' thing is that these products are purchased by ME then sold in the club or to a customer. Herbalife does not track this because we are INDEPENDENT DISTRIBUTORS and are issued a 1099. Now, IF Herbalife, the govt, or the SEC or FTC needed me to, I have sales slips, receipts, electronic sales logs, as well as personal info on all my customers. Ackerman bet big, and he will lose because he does not fully understand. As far as the products being of little or no value and overpriced, My wall and my club, and my FAMILy are full of stories of lives being changed.....Herbalife doesn't cure anything, but the NUTRITION that it gives our bodies allow them to function better and repair ourselves. I have 3 current facilities in my organization, and plans to open 3-4 in the next 18months. And, Mr. Blogger, if you got a nasty shake, you went to the wrong place...drop in anytime.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-66772471573603924532014-03-14T07:52:32.515+11:002014-03-14T07:52:32.515+11:00John,
I'm a big fan, but I disagree with this...John,<br /><br />I'm a big fan, but I disagree with this one (disclosure: I'm short HLF).<br /><br />Herbalife markets itself as a business opportunity, not as an AA for weight loss. If they did, wouldn't they be generating a similar amount of revenues as AA?<br /><br />Perhaps more b/c they would cross sell their nutritional products, but I don't see why regulators wouldn't shut them down unless they made changes to their marketing tactics... which would kill the value of the stock. The bulk of their business model is dependent on a pyramid scheme. Wouldn't these support groups be better off without Herbalife? They could then use equivalent products that are cheaper and not have to pay to be a "distributor." If you go to the FAQ section of the website (or any other for that matter), there is nothing on setting up a community support group, but there is plenty on how to become a distributor...<br /><br />This is based on a quick analysis so apologies if I'm missing something big here.<br /><br />Regards,<br />KevinAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-32579138210772168442013-11-16T15:54:12.966+11:002013-11-16T15:54:12.966+11:00Thanks for the post. Still not sure about Herbalif...Thanks for the post. Still not sure about Herbalife. Will be interesting to see what time has to say.kristianhttp://www.intrinsicvalueinvesting.orgnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-49231029902822611892013-10-28T12:45:24.998+11:002013-10-28T12:45:24.998+11:00Exactly. So that means the business opportunity mu...Exactly. So that means the business opportunity must be quite good.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-21747262945180688062013-10-28T12:43:19.333+11:002013-10-28T12:43:19.333+11:00I disagree. I took the products without any suppor...I disagree. I took the products without any support group, by my self at my house, and lost 50Lbs and regained lots of energy at age 22. Have you checked the doctors and scientists that work behind these products? Just to mention a nobel prize winner, louis ignarro and americas best doctor, david heber. Think about that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-71032832368537099472013-03-16T04:05:48.121+11:002013-03-16T04:05:48.121+11:00Thanks for sharing. My friend's grandfather is...Thanks for sharing. My friend's grandfather is really into <a href="http://www.hqstore.com" rel="nofollow">herbalife in Denver, CO</a>. He lives off of that stuff. He swears by it. Anonymoushttps://www.blogger.com/profile/12973794338134535196noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-18813891070503375872013-02-15T10:32:09.707+11:002013-02-15T10:32:09.707+11:00Problem I've seen is misinterpretation of what...Problem I've seen is misinterpretation of what Herbalife is. Nutrition Clubs can be "registered" by any independent Herbalife Distributor with Herbalife. However, there is no specific requirement such as having certification as a nutritionist, etc. It is simply stating that an Herbalife independent distributor is using his/her home to hold "nutrition" gatherings with potential customers, or existing customers to help them with product selection, and help them reach their goals. Is that not a good thing? Some people need the help. Some distributors make a bad name for the company though, not because of the nutrition part, but rather being greedy and using tactics to promote which are sometimes questionable.. such as putting leaflets on everyone's car at a shopping center. Herbalife is a good company. Distributors are in fact independent...so blame the bad ones, not the company.Herbalifehttp://www.lifetimeherbal.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-36185973243019872752013-02-14T23:10:16.135+11:002013-02-14T23:10:16.135+11:00Ah, how quickly people forget. Remember when Ackma...Ah, how quickly people forget. Remember when Ackman was short MBIA and was ridiculed by the "experts"? Of course he ain't no saint, and he could be wrong, but I wouldn't be surprised at all if 5 years from now he has the last laugh...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-44681074113545217222013-02-12T01:58:58.075+11:002013-02-12T01:58:58.075+11:00Herbalife Nutritional Club
1722 W. Chicago Ave.
C...Herbalife Nutritional Club<br />1722 W. Chicago Ave. <br />Chicago, IL<br /><br />I DARE YOU TO VISIT THIS LOCATION! <br /><br />The problem is this.. they are not franchises, so you will NOT get the same quality service at every Herbalife Nutritional Club! You visited one place! Just like all Mexican restaurants in the city of Chicago, you're gonna get a different taco at every place.<br /><br />At 1722 W. Chicago Ave. they serve on an average 50-60 people per day. The place is really nice! A true example of what Herbalife would love every nutritional club to be.Alyce Parishttps://www.blogger.com/profile/12911300583250484993noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-27574292694907601602013-02-05T05:44:05.351+11:002013-02-05T05:44:05.351+11:00John,
There is no need to personally attack your ...John,<br /><br />There is no need to personally attack your fellow fund managers.<br /><br />First, you, through a thin veil, attack Bruce Berkowitz on lacking common risk management skills by having large exposure to the financials. To his defense, he is a successful deep value manager. For him, risk is related to (mostly) AIG's discount to book value and improving fundamentals, not the volatility of the stock. Given his fantastic track record and decades of knowledge in the financial/insurance sectors, I would give him the benefit of doubt.<br /><br />Second, your analysis on HLF is interesting but really no need to personally attack Ackman. Its kind of ironic you go on CNBC and say HLF is a "scumbag company" but you wouldn't short it. And then you make a post after visiting a HLF club saying how it improves people's lives. So would you tell the spouse of the obese person who would have otherwise died that HLF is a scumbag company too at the hypothetical funeral? C'mon now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-88517074834084871362013-02-04T17:04:28.691+11:002013-02-04T17:04:28.691+11:00Rule of life #8:
Only fools quote Bob Dylan or J...Rule of life #8: <br /><br />Only fools quote Bob Dylan or John Lennon. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-23619347636278977002013-02-02T02:29:58.077+11:002013-02-02T02:29:58.077+11:00John, care to refute this?
Part 2 analysis
Herb...John, care to refute this?<br /><a href="http://seekingalpha.com/article/1147651-herbalife-s-laundromat-deconstructing-deception?source=yahoo" rel="nofollow"> Part 2 analysis </a><br /><br />Herbal stinks from day 1 due to its hiding and obscure reporting methods. This one probably just put things out in daylight.Shawnhttps://www.blogger.com/profile/08155630920582744324noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-58589637694769464962013-01-29T03:27:54.161+11:002013-01-29T03:27:54.161+11:00Jhon, you didn't touch on the fact whether HLF...Jhon, you didn't touch on the fact whether HLF is a pyramid scheme. All pyramid scheme, as far as I am aware, have a strong community supporting mechanism.Charles Chenhttps://www.blogger.com/profile/01383286822317992806noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-39932265613539135052013-01-27T02:38:39.052+11:002013-01-27T02:38:39.052+11:00http://www.npr.org/blogs/money/2013/01/24/17018774...http://www.npr.org/blogs/money/2013/01/24/170187741/rollergirl-displeased-with-hedge-fund-manager<br /><br />Rollergirl Displeased With Hedge Fund Manager<br />Hi Planet Money,<br /><br />I am constantly amazed by the things I learn from your show, but for the first time one of the subjects hit home more directly than I'd expected. I have been using Herbalife products for about a year and I had NO IDEA that it could be a Ponzi scheme.<br /><br />I am just a regular customer. I have a distributor in California who I met in an online knitting forum. We both also play roller derby. Herbalife is pretty big in the roller derby community because they help sponsor a fitness/nutrition challenge (called Derbalife). The Herbalife products are not at all required for the challenge, but of course they are glad to educate us about them if we want to try them out.<br /><br />So, if you are wondering who the Herbalife customers are — a bunch of them are rollergirls. The shakes are great and if the company goes under because of this short-selling nonsense then I am totally going to go knock that guy down.<br /><br />Cheers,<br /><br />Jillian Bellovary<br />aka<br />Big Banger<br /><br />#13.7 Gyr<br />Nashville Rollergirls<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-55348013084592995672013-01-26T05:16:19.611+11:002013-01-26T05:16:19.611+11:00Hedge Fund porn it is...
http://www.cnbc.com/id/10...Hedge Fund porn it is...<br />http://www.cnbc.com/id/100408431Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-39710464455394297152013-01-25T19:53:12.937+11:002013-01-25T19:53:12.937+11:00Protein shake work only for people who exercise a ...Protein shake work only for people who exercise a lot. These clubs teach people to replace their food with protein shake to get skinnier.Srihttp://hometips4women.blogspot.innoreply@blogger.com