I love what I do. I don't do it for the money. I work on behalf of investors that I like and want to do well for. I'm a competitive person. Bill Ackman behalfcompetitiveinvestor Change image and share on social
Experience is making mistakes and learning from them. Bill Ackman experiencelearnmake Change image and share on social
It is a certainty that Herbalife is a pyramid scheme. We believe it's harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid. Bill Ackman benefitcertaintyhandful share on social
If you think of the typical Herbalife distributor and their level of sophistication, to this day I still don't understand the marketing plan - true story. Bill Ackman daydistributorherbalife Change image and share on social
Investing is a business where you can look very silly for a long period of time before you are proven right. Bill Ackman businessinvestlong Change image and share on social
I think the hedge-fund industry has taken a reputational turn for the worse, this dog-eat-dog stuff. I'm not just talking about Herbalife or J. C. Penney, but in other situations where the media really focuses on who's long and who's short. I don't think it's a good thing for the industry. Bill Ackman badlydogeat share on social
If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers. Bill Ackman customerenronfictitious Change image and share on social
Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud. Bill Ackman businesscustomerdegree Change image and share on social
If I believe that I am right, I will take it to the end of the earth until I am proven right. Bill Ackman earthendprove Change image and share on social