I started to watch the document mainly because I was curious about Mr. Ackman's investment style.
But, at the end, I got to learn and think about a lot more things than it.
The document stitches well different facts, people, struggles, and battles surrounding Herbal Life, a controversial but quite successful U. S. company.
Yes, it's about Ackman's challenging investment journey of shorting on the company's shares for multiple reasons (including humanitarian ones).
But it's about innocent people lured into businesses where they are mostly destined to lose and fail. This part was sad as they were real people rather than abstract numbers on excel sheets or legal documents.
It's also about flaws and loopholes in our economic, political, and legal systems (not only in the U. S. but across the world): Nearly imposed damages not being dealt because they are not illegal; controversial entities/people flourishing through connections and lobbying.
I don't want to go far by making too big an analogy. But I now keep thinking about this pyramid scheme. Maybe many more companies and societies (than the focal company) may work on similar mechanisms to a less controversial and subtler extent, or maybe not!
But, at the end, I got to learn and think about a lot more things than it.
The document stitches well different facts, people, struggles, and battles surrounding Herbal Life, a controversial but quite successful U. S. company.
Yes, it's about Ackman's challenging investment journey of shorting on the company's shares for multiple reasons (including humanitarian ones).
But it's about innocent people lured into businesses where they are mostly destined to lose and fail. This part was sad as they were real people rather than abstract numbers on excel sheets or legal documents.
It's also about flaws and loopholes in our economic, political, and legal systems (not only in the U. S. but across the world): Nearly imposed damages not being dealt because they are not illegal; controversial entities/people flourishing through connections and lobbying.
I don't want to go far by making too big an analogy. But I now keep thinking about this pyramid scheme. Maybe many more companies and societies (than the focal company) may work on similar mechanisms to a less controversial and subtler extent, or maybe not!