Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
Herbalife didn't have the, what's called credit default swaps that you could purchase. Not a big enough company. Didn't have enough debt outstanding to be able to implement. You had to short the stock in order to make it as successful to bet against the company. And the more work I did in the company, the more I was like, oh my God, this thing's an incredible scam.
0
💬
0
Comments
Log in to comment.
There are no comments yet.