According to a Herbalife press release:
Herbalife Today Posts First in a New Series of Videos on TheRealBillAckman.com
Shows How Bill Ackman’s Hubris Drives Him To Make Unsound Decisions Costing His Investors Hundreds Of Millions Of Dollars
Global nutrition company Herbalife (NYSE: HLF) today announced the debut of its latest series of videos that showcase observations by the media and other thought leaders about the motives, failed investment strategies and questionable tactics of Bill Ackman. Observers have questioned his scruples and ethics, arguing that he has put his personal agenda ahead of the interests of his investors.
The premier video in the series, “Frequently Wrong, Always in Denial” posted today on TheRealBillAckman.com, illustrates Ackman’s inability to admit his many investment mistakes. Quoted in Vanity Fair, one of Ackman’s hedge fund contemporaries stated “There is a saying