With the high carry cost and large position it seems like a recipe for disaster.
http://dealbook.nytimes.com/2013/01/09/loeb-counters-ackmans-bet-against-herbalife/
He might be right that its a pyramid scheme but can he afford the wait while holding 1 billion short?
http://dealbook.nytimes.com/2013/01/09/loeb-counters-ackmans-bet-against-herbalife/
He might be right that its a pyramid scheme but can he afford the wait while holding 1 billion short?
