Bill Ackman explains Herbalife saga and beef with Carl Icahn | Lex Fridman Podcast Clips

Please support this podcast by checking out our sponsors:

GUEST BIO:
Bill Ackman is an investor who has led some of the biggest and controversial financial trades in history. He is founder and CEO of Pershing Square Capital Management.

PODCAST INFO:

SOCIAL:

[LexClips]

Guest bio: Bill Ackman is an investor who has led some of the biggest and controversial financial trades in history. He is founder and CEO of Pershing Square Capital Management.

[humanbeing]

This entire interview is a goldmine of knowledge.

[InvestorCenter]

I work at a hedge fund so I’m an “insider” in the industry. It is incredibly impressive that Lex doesn’t have a finance background but knows the EXACT right questions to ask. Such a great interview

[shreshthanand]

This interview is about as good as media can get as a source of information

[fearlvrattata]

The guy proved they were a pyramid scheme and it basically resulted on a slap on the wrist for Herbalife.

[xxxs]

He was ultimately right on Herbalife but it was too late. That's why you can't go a very big short position

[markrichardson]

Thanks bill I'm a Herbalife victim, lost 10k, keep going from Canada ❤️

[humanbeing]

Its funny how these Wall Street guys are ruthless as hell but its all just part of the game to them

[michaelbryant]

I made a lot of money on Herbal Life back in the 90's. I bought dealers product at a deep discount who were tired of schilling the stuff. I then sold Herbal Life at Flea Markets. Hispanics bought most of the products.

[alwaysright]

The herbal life confrontations would take few episodes of the next HBO series (Ichan)

[ConradMinnaar]

Bill Ackman shaves his head = Jeff Bezos

[henryzhang]

"Carl, Fuck You!" Best Bill Ackman line so far.

[Kitties-of-Doom]

I saw the Documenatry. "betting on zero" Bill got absolutely obliterated by Carl. Great watch. I think he lost 750 million or something. Blew the entire Hedge Fund with the Herbal life short

[elfx]

You dont have to make it back the way you lost it! Daaammm powerfull!

[superdoobo]

I remember watching their fight live. It was awesome!!! Every couple of years I go back and watch it again.

[ew]

Imagine what positive things could have been built with all that time, money and effort. Instead it’s wasted on revenge because someone’s ego was threatened.

[ej]

Two things can always be true at the same time, I really enjoy listening to Bill Ackman the history shows that if he's on TV telling you something is a terrible company and that you should be selling it, almost guarantee you that he is buying it.

[jasonparker]

A short squeeze isn't caused by a restriction of available shares. It is caused by the induced panic of short sellers looking to cut their losses as the security turns bullish and begins ascending substantially. There is a buyer, seller, or borrower in the case of short selling in every transaction.

[Peterpipe]

I wonder what Bill’s opinion on Patrick Bet David’s PHP agency is?

[jenghiskhan]

Before Herbalife it was veema energy/vitamin drink just a pyrmiad scheme one person made a big impact. One of my friends won a car thru points gained thru sales. On top of getting money.