Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.
Bill AckmanI'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.
Bill AckmanIf you think of the typical Herbalife distributor and their level of sophistication, to this day I still don't understand the marketing plan - true story.
Bill AckmanInvesting is a business where you can look very silly for a long period of time before you are proven right.
Bill Ackman