Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.
Bill AckmanShort-term market and economic prognostication is largely a foolโs errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.
Bill AckmanInvesting is a business where you can look very silly for a long period of time before you are proven right.
Bill Ackman