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A Super Investor Battle Royal



January 09, 2013 – Comments (6) | RELATED TICKERS: HLF

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!


6 Comments – Post Your Own

#1) On January 09, 2013 at 4:20 PM, Option1307 (30.42) wrote:

Herbalife is a really interesting stock, but I agree from the sideline. Too many big names involved and definitely not something I can comete at. But I'm grabbing some popcorn and sitting down for the show!

Best of luck to your son tomorrow.

I'm doing a bit of digging in regards to COOR, I'll get something up in a few days just fyi

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#2) On January 09, 2013 at 4:43 PM, TMFDeej (98.36) wrote:

Thanks Option.  I'm looking forward to hearing what you find out about CORR.  If you think of it, let me know when your post goes live. 

Have a good one.


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#3) On January 09, 2013 at 6:25 PM, MKArch (99.81) wrote:

I was trying to decide if I should red thumb HLF on today's news or wait for tomorrows propaganda session. I got tied up this afternoon and missed my chance today. Hopefully the propaganda session outweighs the SEC investigation. I don't even think the hedge funds betting with HLF believe it's not a pyramid scheme, it's just a matter of whether the FTC will continue to turn a blind eye or not to HLF and the multitude of other MLM pyramids. I think Ackman proves HLF qualifies as a pyramid scheme under a couple of definitions the FTC uses as guides to spotting an illegal pyramid scheme and he's committed to forcing the FTC and Congress if necessary to take this seriously instead of continuing to turn a blind eye. Tonight's announcement of an SEC investigation implies he's getting the attention he's betting on.

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#4) On January 09, 2013 at 10:15 PM, Option1307 (30.42) wrote:

I'll be honest that I haven't looked into Herbalife that much so I can't specifically comment but this is seemingly like round 2.0 for David Einhorn and his book "Fooling some of the People All of the Time". Allied Captial anybody?!? Ha ha, hopefully the SEC won't completely botch its job this go around.

Btw, everybody should read that book if they never have. Entertaining and a great read.

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#5) On January 09, 2013 at 10:27 PM, JohnCLeven (40.65) wrote:

I find this Battle Royale extraordinarily exciting. I don't care who wins, frankly, I just can;t wait to see how it plays out.

If anyone is looking for the link to Ackman's 343-page slideshow, here it is:

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#6) On January 12, 2013 at 3:22 AM, ikkyu2 (98.49) wrote:

Drug company selling drugs without a license to sell drugs.  I vote it goes to zero - and if it doesn't, the regulators have dropped the ball.

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