The Video Of An Herbalife Distributor Showing Off His Ferrari And Mansion Was A Highlight Of Ackman's Big Presentation

Bill Ackman, who has an enormous short position on Herbalife, believes that the multi-level marketing company that sells nutrition and weight loss supplements is a pyramid scheme. He has a price target of zero and believes the company will fail.   To highlight his pyramid scheme belief, he played an Herbalife promotional video at a special Sohn Conference yesterday of the company basically touting itself as a way to improve one's lifestyle.   The guy in the video, Doran Andry, who is...