A Super Investor Battle Royal
Ding, Ding, Ding. In this corner weighing in at a combined 400 pounds we have three famouns super investors, Bill Ackmann, Davie Einhorn and Whitney Tilson.
And in this corner, weighing in at 180 pounds we have the famous hedge fund manager, coming off of an outstanding year, Dan Loeb.
Let's get ready to rumble...
I'm completely swamped today, my son goes in for surgery tomorrow and I'm taking the rest of teh week off from work so I only have a second, but I just couldn't resist posing this. If it's not a complete fraud that is forced to go to zero, likely by regulators, Herbalife (HLF) certainly is one cheap stock. In addition to Loeb, I believe that I recall hearing that one of my favorite investors of all-time, Joel Greenblatt, purchased HLF as well...though his investment in it these days is likely based upon some sort of formula.
Wow, this is like an NBA or MLB All-Star game. I'm glad that I'm watching this one from the sidelines. It will be very interesting to see how this turns out.Loeb’s Third Point Takes 8.2% Stake in Herbalife
Take care everyone!