It's interesting that Ackman seems to have been doing against Herbalife exactly what his opponents were doing when they were shorting Valeant. With Valeant, Ackman seemed pretty naive and/or delusional about its value and operations.
(That said, Valeant still exist today, despite its extremely immoral and shady past doings. I was dismayed to find recently that one of my favourite brands, CeraVe, is actually a Valeant company.)
(That said, Valeant still exist today, despite its extremely immoral and shady past doings. I was dismayed to find recently that one of my favourite brands, CeraVe, is actually a Valeant company.)