Pursuits
Ackman-Herbalife Feud Gets Fresh Scrutiny at Tribeca Film Fest
- Documentary ‘Betting on Zero’ premieres Thursday night
- Director of ‘Darfur Now’ trains his lens on short-selling saga
Ackman Takes on Herbalife in 'Betting on Zero' Clip
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Bill Ackman was so sure that his presentation on Herbalife Ltd. in July 2014 would reveal the company to be an illegal operation and crush its shares that he scoffed at preparing for the alternative.
“The stock is not going up -- it’s a certainty,” Ackman says to an adviser about half an hour into a documentary on his three-year saga to take down the nutritional-supplement company. “The question is if it opens again.”