This presentation contains information and analyses relating to all of the publicly disclosed positions over 50 basis points in the portfolio of pershing square holdings, ltd. In december 2012, ackman famously made a short bet against herbalife, an investment that makes. He is the founder and ceo of pershing square capital management, a hedge fund management company. Read more former herbalife analyst accuses bill ackman of lying during presentation. I think it is a strong bet personally, although he probably put in his short too early and his old enemy ichman stepped in to prop up the stock which was in freefall after ackman s announcement. Annual update presentation pershing square capital management. Bill ackman herbalife presentation business insider. Ackman has publicly said his target for the stock is zero and the size of.
Bill ackman has just released another massive presentation on herbalifethe stock hes shorting to zero. Bill ackmans presentation on shorting herbalife hlf market folly. Ackmans stunning bet against herbalife during the december 20, 2012, presentation, mr. Five years ago, bill ackman and fellow activist investor carl icahn got into a verbal fight over herbalife on cnbc. Ackman cofounded gotham partners management, an investment fund that managed public and private equity hedge fund portfolios. Some acolytes fiercely defend johnson and maintain that his plans would have worked if given enough time. Jun 25, 2019 the indepth psychological profile on ackman, titled preliminary report on bill ackman, was commissioned by jana monroe, herbalife s vice president of global security and was prepared by dr. Dec 20, 2012 herbalife products formula 1 drink mix, aloe water and herbal tea were being offered on a table outside the auditorium where the presentation was held. Bill ackman on cnbc with scott wapner september 20, 2017 part 1 bill ackman on cnbc with scott wapner september 20, 2017 part 2 how you can help unlock adps potential. Embedded below is ackmans presentation on herbalife hlf entitled, who wants to be a millionaire. Pershing square bill ackman herbalife presentation 2014 full.
Pershing square may currently or in the future buy, sell, cover or otherwise change the form of its investments discussed in this presentation for any reason. Jan 11, 2017 bill ackman gets vindication in herbalife battle in a boost to pershing square ceo ackmans crusade against the company, the ftc sent checks to 350,000 victims. Ackman outlines bet against herbalife the new york times. Hlf stock herbalife laughs off bill ackman death blow. Bill ackmans presentation on startbucks sbux doppio. Bill ackman and his hedge fund, betting big the new york. The ftc alleged that herbalife operates illegally and alleged. Bill ackmans notorious position in hlf stock looks shakier by the minute.
Bill ackman and his team of presenters recently wrapped up their talk about herbalife hlf. Herbalife big winner after ackman s big presentation. I suspect that herbalife is so profitable and so powerful they will see mr ackman s attack off and the easiest way to do that is to buy back stock and make the stock. Heres bill ackmans latest bet after valeant, herbalife. Bill ackman spoke at the ira sohn investment conference, also see bill ackman makes the case for hedge fund investing on a drawdown. Pershing square currently has a short position in herbalife ltd. Aug 25, 2017 bill ackman s notorious position in hlf stock looks shakier by the minute. In his presentation and numerous interviews with the business media that day, ackman declared a target price of zero for hlfs shares.
Ackman, who runs pershing square capital, gave what he called the most. Just maybe ackmans right bill ackman, near right, at a senate hearing in april. Ackman claimed herbalife targets the poorest of the. Pershing square capitals bill ackman in a recent interview with value investor insight describes the general company traits he looks for in both. Herbalife big winner after ackmans big presentation. He has accused herbalife, a nutritional supplement company, of defrauding its customers. Bill ackman presentation at ira sohn 2014 investment.
But it is prepared to fight back at its analyst day on thursday. Bill ackman gets vindication in herbalife battle in a boost to pershing square ceo ackmans crusade against the company, the ftc sent. Following a substantial decline in valeants share price in q1 2016, bill ackman and. Feb 28, 2018 five years ago, bill ackman and fellow activist investor carl icahn got into a verbal fight over herbalife on cnbc. Jul 23, 2014 pershing square bill ackman presentation on herbalife july 22nd 2014 herbalife stock price. Bill ackman on what makes a great investment by john heins march 12, 20 advisor perspectives welcomes guest contributions.
Ackman received an mba from continued on page 4 andrew wellington steve major 94 bill ackman. Herbalife big winner after ackmans big presentation barrons. A few days ago i wrote a post describing shorting multilevel marketing schemes as akin to the battle of stalingrad. Pershing square bill ackman presentation on herbalife july 22nd 2014 herbalife stock price. Now the billionaire hedge funder is turning his gaze toward payroll firm automatic data. He is jewish in 1988, he received a bachelor of arts degree magna cum laude in the committee on degrees in social studies from harvard college. Ackman began the presentation by going over the backstory about herbalifes founding. Ackman was raised in chappaqua, new york, the son of ronnie i. Bill ackmans presentation slides on starbucks sbux, titled, doppio. Stakes are just a bit higher billionaire financier carl icahn disclosed monday that he raised his stake in herbalife hlf as shares were nearing a twomonth low. Bill ackman is done with valeant pharmaceuticals, still shorting herbalife and tweeting about chipotle.
Download bill ackmans presentation on ratings agencies. Bill ackman presentation at ira sohn 2014 investment conference. Ackman says my bad on herbalife presentation bloomberg. A detailed analysis of spvs, cdos, and accounting and reserving policies at mbia, inc. Why i made it a 35% position after the bill ackman bear raid note.
He then moved to his herbalife pyramid scheme thesis. Bill ackman mixed decent, damning research on herbalife hlf with a pisspoor presentation that never had a chance. Title slide of bill ackmans herbalife presentation. If you need the figure you can back work it out from comments in this bbc interview. Pershing square bill ackman herbalife presentation 2014 full presentation duration. This presentation and the information contained herein is not investment advice or a recommendation or solicitation to buy or sell any securities. The views presented here do not necessarily represent those of advisor perspectives. Heres bill ackmans epic presentation on why herbalife is going to implode. Ackman is considered by some to be a contrarian investor but considers himself an activist investor. Ackman s position on herbalife led to a discussion on live television with herbalife supporter carl icahn for nearly half an hour on cnbc on january 25, 20.
Pershing square bill ackman herbalife presentation full presentation. Menu icon a vertical stack of three evenly spaced horizontal lines. Ackman began the presentation by going over the backstory about herbalife s founding. Ackman s bet against herbalife proved disastrous, and he said in november he had. Pershing square bill ackman herbalife presentation 2014. Ackman exits bet against herbalife, five years after. Ackmans herbalife turnaround has been even more dramatic.
Title slide of bill ackmans herbalife presentation slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Oct 12, 2018 bill ackmans presentation slides on starbucks sbux, titled, doppio. What makes herbalife a pyramid scheme pershing squares. Specific companies or investments shown in this presentation are. As a stock rises, however, the price of put options plummets.
Hedge fund manager bill ackman questioned the accounting and business model of nutritional supplements company herbalife. And herbalifes recent buyback program could do ackman damage. Bill ackman has just released another massive presentation on herbalife the stock hes shorting to zero. Jan 08, 20 hedge fund manager bill ackman questioned the accounting and business model of nutritional supplements company herbalife. Bill ackmans herbalife presentation linkedin slideshare. Bill ackmans presentation on shorting herbalife hlf. Bill ackmans big herbalife reveal bombs with investors. Ackman was betting that herbalife will collapse at some point.
Why i made it a 35% position after the bill ackman bear. Billionaire bill ackman dumps herbalife, ending 5year war. Will bill ackman admit hes wrong about herbalife ltd. If you continue browsing the site, you agree to the use of cookies on this website. Jul 23, 2014 read more former herbalife analyst accuses bill ackman of lying during presentation. Herbalife independent distributor presentation center for inquiry. May 05, 2014 bill ackman spoke at the ira sohn investment conference, also see bill ackman makes the case for hedge fund investing on a drawdown. I think it is a strong bet personally, although he probably put in his short too early and his old enemy ichman stepped in to prop up the stock which was in freefall after ackmans announcement. To raise awareness about the dangers of mlms, john oliver is starting his own pyramid scheme. William albert ackman born may 11, 1966 is an american investor and hedge fund manager.
All investments involve risk, including the loss of principal. Bill ackman on what makes a great investment by john heins march 12, 20. Bill ackman and his team of presenters recently wrapped up their talk about herbalife hlf, speaking for over three hours about the company. Pershing square may currently or in the future buy, sell, cover or otherwise change the form of its investments discussed in. Dec 28, 2012 i am utterly convinced by everything in bill ackman s presentation except the final conclusion that herbalife s stock will collapse. What makes herbalife a pyramid scheme pershing squares december 20, 2012 presentation. Specific companies or investments shown in this presentation are meant to. In pointing out the hypocrisy and fraud inherent in herbalifes business opportunity, he shines a spotlight on how the company preys on millions of people every year. Playing catch up after the holidays, we wanted to make sure everyone had a chance to see bill ackmans presentation on his latest short position.
Hbos john oliver is the latest to examine herbalife and sound the alarm. Bill ackmans lists his favorite books on investing in confidence game. Dec 21, 2012 title slide of bill ackman s herbalife presentation slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Bill ackman just finished the most important presentation. The presentation also included the following written disclaimers.
Apr 05, 2020 bill ackman believes that proctor and gamble nyse. Stakes are just a bit higher billionaire financier carl icahn disclosed monday that he raised his stake in herbalife. In addition to commenting on his highprofile current investments, pershing square capitals bill ackman in a recent interview with value. The indepth psychological profile on ackman, titled preliminary report on bill ackman, was commissioned by jana monroe, herbalifes vice president of global security and was prepared by dr. Facts about herbalife scam the truth about the herbalife.
And herbalife s recent buyback program could do ackman damage. Billionaire hedge fund manager bill ackman just wrapped up his latest herbalife presentation. Sep 07, 2019 documents similar to jc penney group project v 2. Annual update presentation pershing square capital. The pershing square capital management ceo gave the pitch at a recent special ira sohn event. Playing catch up after the holidays, we wanted to make sure everyone had a chance to see bill ackman s presentation on his latest short position. Ackmans bet against herbalife proved disastrous, and he said in november he had.
133 792 1234 549 1221 793 1467 378 506 279 76 993 126 60 40 821 1140 1019 871 1236 531 1375 1337 407 292 547 931 734 976 29 1097 110 167 606 1165 277