Joe Nocera, Columnist

For Better and Worse, Ackman's Still Betting Against Herbalife

Even after the FTC let the company live, the hedge fund activist still bets it will die.

March 1, 2017 at 4:22 PM UTC

Joe Nocera is a former Bloomberg Opinion columnist. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. He is the host and writer of the Bloomberg-Wondery podcast "The Shrink Next Door."

Still at it.
Photographer: Scott Eells/Bloomberg

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Last summer, shortly after Herbalife agreed to settle allegations of deceptive practices by paying $200 million and agreeing to overhaul its business model, Bill Ackman sent me a link to the settlement with a short note. "Please give this a read," he wrote.

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