Writer/director Ted Braun follows controversial hedge fund titan Bill Ackman as he puts a billion dollars on the line in his crusade to expose Herbalife as the largest pyramid scheme in history.
This is just about as perfect as a documentary can get. The very moment I was introduced to Herbalife in the early 2000s, I knew it was a pyramid scheme. But obviously others do not see that, as the business continued to be profitable and thriving.
This documentary not only explores the pyramid nature of the business, but explains how people fall for it. In some cases, it is because they are unsophisticated immigrants. Other times, they had the business misrepresented to them. But it is not just stupid or ignorant people who fall for it.
Without giving anything away, this story will have you cheering on Ackman. He may be one of the very few Wall Street investors who is actually hoping the little guy will win.
This is just about as perfect as a documentary can get. The very moment I was introduced to Herbalife in the early 2000s, I knew it was a pyramid scheme. But obviously others do not see that, as the business continued to be profitable and thriving.
This documentary not only explores the pyramid nature of the business, but explains how people fall for it. In some cases, it is because they are unsophisticated immigrants. Other times, they had the business misrepresented to them. But it is not just stupid or ignorant people who fall for it.
Without giving anything away, this story will have you cheering on Ackman. He may be one of the very few Wall Street investors who is actually hoping the little guy will win.