Ackman’s Right About Herbalife

Bill Ackman, CEO of Pershing Square Capital, has waged a long campaign against Herbalife (in which he has a publicly-disclosed short position, that is, a bet against Herbalife’s future). Ackman’s a capitalist, activist, and philanthropist. (His politics are not mine – he recently urged Michael Bloomberg to run for president; Bloomberg is no libertarian.) In […]