Explaining Herbalife's alleged 'pyramid scheme...

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  • Опубліковано 21 жов 2024
  • Activist investor Bill Ackman made a 3 hour presentation slamming Herbalife and its practices. He boils down the argument for Cristina Alesci.

КОМЕНТАРІ • 206

  • @thesoccertrotter1
    @thesoccertrotter1 6 років тому +215

    Repoter was definitely a recruit

    • @YaNeK92
      @YaNeK92 4 роки тому +13

      100%! Her biggest dreams of achieving the Diamond Club status were being shattered right in front of her eyes 🤣🤣🤣

    • @Akki420ish
      @Akki420ish 3 роки тому +1

      @@YaNeK92 🤣🤣

    • @Nerdywr
      @Nerdywr 3 роки тому

      Fuckinf burst LMAO

  • @itsbunessa
    @itsbunessa 5 років тому +141

    Reporter was two seconds away from trying to recruit Bill into her down line

    • @alaalfa8839
      @alaalfa8839 3 роки тому +5

      She has to ask questions for dummies who never met recruiters. If she would ask only smart questions dummies would not understand because don't have experience with it. I think she wants to understand why the scam works... but dummies as you don't understand the fact that if she wants to get to bottom of the problem she has to ask all questions.. In the seminar was a father of Ackman and he also asked the question how one can tell that company is a pyramid scheme.. His own father asked it after 90 minutes of the seminar. Ackman said that it's so complicated that even he had a problem understanding it at first so he had to read it twice.. How can you expect her to understand it in 5 minutes if Ackman and his team study it for a year or more?

  • @Melina.folina.123
    @Melina.folina.123 4 роки тому +47

    If you have to defend your company for not being a pyramid scheme, it is likely a pyramid scheme

  • @6374334
    @6374334 9 років тому +87

    people under estimate what bill ackmans is trying to say, bill ackman knows more about herbalife than most distributors themselves, distributors will always go against whqat he has to say, at the end of the day, bill ackman is doing the world a service, people should pay homage to this hard working man!

    • @dogestranding5047
      @dogestranding5047 8 років тому +9

      He is. Herbalife is taking advantage of people. Bill is a great investor.

    • @ileanagonzalez5384
      @ileanagonzalez5384 6 років тому +3

      Well I don’t know what he is saying but on my 3rd month of working with herbalife I was able to make about 1,700 monthly at 17 years old, I know one day I will grow the business more🤷🏽‍♀️

    • @sal5852
      @sal5852 5 років тому +10

      Ileana Gonzalez shut your bitch ass up

    • @ci6516
      @ci6516 4 роки тому +9

      @@ileanagonzalez5384 yeah by suckering other people ; recruiting = pyramid scheme

    • @kevinsutton3861
      @kevinsutton3861 3 роки тому

      What your not looking at is he lost more Than A Billion Dollers and he is still crying over this fact

  • @TheWitchOvAgnesi
    @TheWitchOvAgnesi 8 років тому +90

    Cristina needs to get up to speed and do her homework with a guy like Ackman across from her...

  • @ShinkuGouki
    @ShinkuGouki 4 роки тому +59

    I had a coworker who was insisting that I invest 2k USD into this new pyramid scheme called Sanki. They sold a powder in small packs with "Japanese technology" developed by Yamanaka Harotari or some name like that.
    I told him it was a pyramid scheme and he would deny it all year long. He would tell me "look,these people became investors and they're now making 100k a year"
    I was like "man,it's a pyramid scheme"
    That was back in 2012. Dude doesn't even want to talk about it now lol

    • @lapermits6193
      @lapermits6193 9 місяців тому +6

      I would bring it up every day to get under his skin. Lol

    • @ShinkuGouki
      @ShinkuGouki 9 місяців тому +1

      @@lapermits6193 It's crazy how hard it is to find any residual information about the scam. It's called Sanki Global. If you Google it,you can hardly find information on it.
      It was big. They held events in big cities,LA,Las Vegas,New York etc. My coworker would take 2 packets a day. It was like Kool-Aid,just made water sweet. I can't believe people fall for these kinds of things.

    • @joliev1
      @joliev1 7 місяців тому +1

      Bahahaha 😂😂😂

  • @FeminismDebunked
    @FeminismDebunked 10 років тому +40

    Its the same as Amway except Amway has a Lower Success rate. Amway was taken to court in the UK where it was discovered that 99.7 percent of all IBOS lost money. Amway was ordered in the UK to stop charging Joining fees and renewal fees. For some reason they are still being allowed to charge these fees in most other countries.

  • @GG-ou2tz
    @GG-ou2tz 6 років тому +23

    It is a scam all of their “distributors” aren’t selling the product they are selling them to “future distributors “

  • @yost28
    @yost28 10 років тому +73

    Love how the CFO says the competition is McDonalds. How in the hell does a nutritional company compete with McDonalds.

    • @ScoopTV
      @ScoopTV 6 років тому +5

      .... Because they sell tasty unhealthy products.... and they want them to eat their products?.....

    • @dialmasteccanella8971
      @dialmasteccanella8971 6 років тому +1

      ScoopTV it’s stupid what you said...competitor comes from the same sector beverage compete with beverage, food chains have like competitor food
      Chains Herbalife should compete with health business, not McDonald they are totally opposite. It doesn’t make sense they are
      Completely different field and market. So it’s a no sense statement from the ceo too if he actually said that

    • @ScoopTV
      @ScoopTV 6 років тому +3

      Dialma Steccanella they both sell consumption products. Whether it be powder or a Big Mac. You broke it down in a very specific area and you’re not looking at the overall picture. People tend to lean towards McDonald’s because it’s not only fast, but taste really good. ALL nutritional Businesses still and will always compete with ALL food selling businesses.

    • @dialmasteccanella8971
      @dialmasteccanella8971 6 років тому +1

      ScoopTV I’m a big picture person trust me but that’s not how a business works when you compared two business model to understand who is your competitor. If you are into the soft drink field
      You don’t try to outclass the alchool fields. If you are in the energy drink field your competitor is not Campari. They don’t sell junk food I don’t understand why they should take as their competitor mcdonalds. It’s more specific than what you ve just said. One serve junk food One serve healthy food. It’s all about the market sector and the type of client you want to purse. I supposed Herbalife clients are in large part different ( as lifestyle ) than the ones who go to McDonald. Especially in America there is a huge different with a lot of more cases of obesity in the last one. So that’s required different strategy, if they really said that I think they got goal problem. Someone that go to McDonald
      Has different reasons and value and lifestyle than someone that go to Herbalife. Because here it’s about lifestyle.

    • @ScoopTV
      @ScoopTV 6 років тому +2

      Dialma Steccanella i now understand more of what you’re saying. Only thing that sticks out is, some; if not most work together. For example jack Daniels and coca-Cola. Two different things, but work together. In the end, it’s all about what you was saying. It’s lifestyles. Also it’s wayyy to many variables lol

  • @e2sguy
    @e2sguy 8 років тому +32

    Total scam .. Thank you bill !

  • @MrAntiGema
    @MrAntiGema 4 роки тому +10

    I want to be friends with Ackman. For the fact alone of him being someone to point out a crook in a herd of cowards

  • @success4global841
    @success4global841 6 років тому +9

    Exactly. We have seen this happen with people we have even worked with in the past and this is exactly what happens. A poor person recruitment friends and family. Sad state of affairs.

  • @elliotpolanco159
    @elliotpolanco159 3 роки тому +10

    Hes 100% right

  • @jessicabenitez2983
    @jessicabenitez2983 6 років тому +32

    Has anyone really looked into the ingredients used to make herbalfe?

    • @lharley222
      @lharley222 6 років тому +1

      Thats what I keep saying

    • @robprocks
      @robprocks 6 років тому +5

      What are the ingredients?? Is it toxic?? Natural products?? My cousin is doing this, she needs to know what she is selling.

    • @HopeMulford
      @HopeMulford 5 років тому +9

      @@robprocks their ingredients are cancerous. All chemical and artificial. Terrible for your body.

  • @mendealingwithreality4656
    @mendealingwithreality4656 5 років тому +9

    Amazes me the poorest ppl are in it, despite them making it seem like a legit oppurtunity

  • @aura1128
    @aura1128 Рік тому +3

    To anyone defending this trash product and saying they had results. Let me open your eyes, most of these companies use the concept of placebo effect it is all marketing.
    The so called results are temporary and often caused by unstable unnatural ingredients in these products. Then they form a brand community and often bring in brand loyalty by making you endorsers and making you spend your time and money.
    These are all marketing concepts that we learn in a marketing major in bachelors .
    In this case it is unethical that they are using these methods because these products are edibles and you are consuming these products. As a consumer it is important to be responsible and think about
    What about side effects and toxic and steroids in it?
    What are its effects on my organs and gut health in the long run.
    Are these results accelerating and sustainable or just temporary.
    Don't t be so delusional and so ignorant to the fact that this product has no medical backing at all, no real doctors with real degrees recommend it. Wake up use your money wisely opt for a balanced diet chart , go for licensed nutritionist.

  • @moustafasadek11
    @moustafasadek11 5 років тому +10

    So sad... one of my colleagues who has a big salary quit her job to join Herbalife... :/

  • @ruzzelladrian907
    @ruzzelladrian907 3 роки тому +5

    When I hear the word "testimonials", it's a red flag for me.

  • @markrichardson3566
    @markrichardson3566 2 роки тому +3

    It's true, they got me a long time ago, thanks bill , from us smaller people 🙂♥️❤️

  • @jordanrudman4069
    @jordanrudman4069 6 років тому +5

    I was actually at The Atlantis Resort in The Bahamas during a week that Herbalife was having executives there for meetings or something ~8 years ago. They had free samples and they were actually quite tasty. Never did ask what was in them, though. Some of the higher-ups seemed really nice and I even befriended one of their daughters who is about my age. I was recently shocked to find out about the controversy around them and that they're a pyramid scheme... Shame.

  • @markrichardson3566
    @markrichardson3566 2 роки тому +5

    Lost 10 k, Herbalife, it's a classic scam 🙂

  • @YaNeK92
    @YaNeK92 4 роки тому +7

    Not all heros wear capes! Bill is one of them :D

  • @awscsa_pro1772
    @awscsa_pro1772 2 роки тому +4

    He lost the bet but he won lot of trust.
    An example to prove people can't see the truth even tough it is right infront of their eyes.

  • @Ladypeace12312
    @Ladypeace12312 4 роки тому +5

    Always the poor get sucked up on such schemes. So sad indeed

  • @DLFfitness1
    @DLFfitness1 2 роки тому +2

    It’s easy to fool people that want to be fooled.

  • @AmberDennis001
    @AmberDennis001 3 роки тому +1

    So many of these shops are opening in the Columbus Ga area and I have been. I thought the owners made good money?

  • @roadrunnakb
    @roadrunnakb Місяць тому

    Simply put in King of the Hill Terms:
    1. The episode when Peggy gets Bill to invest in a pyramid scheme
    2. The episode when Luanne joins a cult

  • @prebuiltdownline
    @prebuiltdownline 3 роки тому

    hmmm wow that's pretty interesting. Bill Ack vs Herbalife will go down in history as quite the dabockel

  • @claudiaaquino7238
    @claudiaaquino7238 4 роки тому +1

    Let Bill talk!!!

  • @kingstonstreet3726
    @kingstonstreet3726 4 роки тому +1

    I believe him another company tried to recruit me

  • @TurdFerguson884
    @TurdFerguson884 5 років тому +1

    This is the same deal with verve energy drink

  • @enigma369
    @enigma369 2 місяці тому

    The banking system, The financial system, and politics works the same way. Pyramid

  • @justicewarrior9187
    @justicewarrior9187 4 роки тому +2

    The scum of the scum
    All multi level companies

  • @rubenvega4484
    @rubenvega4484 10 років тому +2

    What's people to go back to MacDonald

  • @greekadonisnm7918
    @greekadonisnm7918 8 років тому +171

    I love this guy. Herbalife is comical.

    • @DanielReyes-yq1go
      @DanielReyes-yq1go 2 роки тому +3

      I bet you tried it to lose weight and didn’t work out you just did t try hard enough

    • @trumpforKing808
      @trumpforKing808 Рік тому

      ​@@DanielReyes-yq1go stfu herbalife bot

    • @magicchirp1714
      @magicchirp1714 Рік тому +3

      ​@@DanielReyes-yq1goit's heavily processed which will lead to liver damages

  • @DanielReyes-yq1go
    @DanielReyes-yq1go 2 роки тому

    We’re selling both

  • @daveylarsen
    @daveylarsen 7 років тому +1

    of course CNN would try to defend this shit.

  • @han9man786
    @han9man786 Рік тому

    How did they get a deal with Leo Messi? How is this company STILL in business?

    • @BIoxer
      @BIoxer 10 місяців тому

      Also with cr7, I convinced my mom that it was all bs and to stop doing Zumba and start weightlifting, she was a seller of the product and promoting it

    • @jf8188
      @jf8188 9 місяців тому

      ⁠@@BIoxerso Zumba is bad too?😂 wake up kid. Everyone here is talking bad about a company and not citing any sources… this guy literally shorted Herbalife in the stock market after these interviews. Idk man over 40 years in the market and still growing. The real crooks are the companies selling legitimate cancer.

  • @tomislavkrsic2153
    @tomislavkrsic2153 4 місяці тому

    I think that you can't have money and I talk about big money without pyramid scheme, basically every business works that way. Even marketing ads and people like Tate and all that rich people etc etc etc.. maybe I'm wrong but in my experience, pyramid scheme is everywhere. I mean, if you want to have enormous money, someone needs work for you. Also you need to have BIG BIG BIG luck, with dream, with idea, with courage but first of all LUCK.

  • @alfonsoperez1130
    @alfonsoperez1130 Рік тому

    bro can she let him talk

  • @PunkNDisorderlyGamer
    @PunkNDisorderlyGamer 6 років тому +3

    Herbalife just last week hit an all time high. Legitimate business.... for shareholders.

  • @meghanshagarwal
    @meghanshagarwal Рік тому +1

    My grandfather is now a part of this. The drinks are really expensive, but his friend convinced him to buy the membership. I can't even tell him to not buy it, because he'll think i don't want to give him money

  • @krishnashankar.k7915
    @krishnashankar.k7915 3 роки тому

    If a guy did such an terrible interview and not a good looking female with good legs, he would be fired immediately.

  • @karinamartinez1452
    @karinamartinez1452 9 місяців тому

    I don’t get it he said they focused on the poorest people so how did they get scam if they had nothing to loose 😅

    • @hopolang99
      @hopolang99 8 місяців тому

      😂exactly..just doesn't add up

    • @slytzz
      @slytzz 5 місяців тому

      the poorest people he meant about ppl who are desperate about making money or start their new business

  • @crazybotzej7554
    @crazybotzej7554 Рік тому +1

    Wow, Reagan was true 'bout this

  • @harveymushman4190
    @harveymushman4190 3 роки тому +2

    Hmm. I openeded a Herbalife shake shack. Didn't have to go through 3 months of training? 🤔 registered. Bought the products......sold teas n shakes. The person above me gets a 5% royalty. But I made $13k profit. last month.......am I on the top of the pyramid?

    • @rachelsanders2314
      @rachelsanders2314 2 роки тому +1

      If you have to ask, you already know the answer…

    • @chrisgomez6143
      @chrisgomez6143 3 місяці тому

      I’m assuming you are still in the business and by now 2 years later I’m guessing that number has increased ?

    • @harveymushman4190
      @harveymushman4190 3 місяці тому

      @@chrisgomez6143 i owned an indoor dog park/ daycare boarding. The shake shack was located inside and was its own separate entity. I moved to bigger facility for the dogs and the shake shack don't make the move as their wasn't room in new building. Daycare/boarding dogs makes more money.

  • @neilparmar5705
    @neilparmar5705 5 років тому

    Who's gonna want to do mlm when shit like this happens.

  • @gandalf7262
    @gandalf7262 8 років тому +1

    thats called selling. if you sell you earn, if you dont, you dont earn. simple as that

    • @Tyson007ian
      @Tyson007ian 8 років тому +7

      nope, you cannot make money just by selling their (piece of shit, unhealthy) products, if you want to make any money you have got to recruit people.

    • @gandalf7262
      @gandalf7262 8 років тому

      Thats bullshit. You can sell without recruiting. None force you to recruit. If you dont like recruit you are allowed to dont.

    • @Tyson007ian
      @Tyson007ian 8 років тому +3

      Marco Peruzzi nobody is saying that you cant sell without recruiting, but you cannot make money without recruiting

    • @MohitMishraTV
      @MohitMishraTV 7 років тому +1

      SO WHAT DO U THINK U CAN GROW UR BUSINESS JUST BY RETAIL RETAIL AND RETAIL

    • @ScoopTV
      @ScoopTV 6 років тому

      LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO I can't breath!

  • @ghostduster1
    @ghostduster1 3 роки тому +3

    Typical left wing fake news from CNN. I'm currently a billionaire thanks to Herbalife and now on 7 condos on the moon and just bought a jet pack for my llama.

  • @bataviaborobudur
    @bataviaborobudur 9 років тому +3

    Nu Skin?

  • @jf8188
    @jf8188 9 місяців тому

    He shorted herbalife after his anti herbalife campaign lol

  • @ndabenhlegogo9154
    @ndabenhlegogo9154 3 роки тому

    Herbilife is a pyramid scheme but this guy is also a corn artists.... He short Herbilife on the market after his interviews😑🤔🤔

  • @929omg
    @929omg 4 роки тому +6

    The FTC said “they were not determined not to be a pyramid scheme “ let that sink in.

    • @lmusima3275
      @lmusima3275 Рік тому

      Who cares. Their recruiting and sales methods are deceptive and lack moral decency.

  • @right-7366
    @right-7366 3 роки тому +3

    i know a man that makes 20,000$ a month from herbalife and he doesn’t speak english and can barely speak spanish

    • @Matt-fq6ly
      @Matt-fq6ly 3 роки тому +6

      That may be his gross earnings, not his net profit. If he had to spend $19,000 in products to keep his status, he only made $1,000. That’s how it usually goes

    • @right-7366
      @right-7366 3 роки тому

      @@Matt-fq6ly why is your response so biased , you know nothing about the products , club profits, or how the business works . but bc you watch a yt video u think ur an expert?

    • @user-H0000
      @user-H0000 Рік тому

      @@right-7366 yes

  • @danielmurillo7592
    @danielmurillo7592 8 років тому +2

    this guys takes Herbalife that or he is a crossed dresser like Robin

  • @zuutlmna
    @zuutlmna 10 років тому

    Getting rather tiring hearing about pyramid scheme this and pyramid scheme that... Just about anything can be metaphorically described as having some pyramid characteristics.. Pyramiding exists in the way the natural environment arranges itself in a lot of instances.. Anytime somebody wants to attack or sling mud, they trot out this shallow "Its a pyramid scheme" argument. If they have a problem with pyramids then they probably have a problem with dealing with life.. If fact, Greek mathematicians studied and noticed some very universally intrinsic aspects about the importance of pyramid geometry.. In think there's some youtube clips on that too!

  • @multiyapples
    @multiyapples 5 років тому

    um.

  • @brewhaha1380
    @brewhaha1380 3 роки тому +3

    Herbalife still going strong!

    • @awscsa_pro1772
      @awscsa_pro1772 2 роки тому +1

      Still going strong scam by bribing govt officials

  • @reniegarnaut6747
    @reniegarnaut6747 2 роки тому +1

    Lost a billion dollars of his investors money. Reputation destroyed.
    Got what you deserved Ackman.

  • @elaalvarado6307
    @elaalvarado6307 4 роки тому

    You shouldn’t do it for the money you should do it the benefit your own health

  • @DavidJLee-zr8ic
    @DavidJLee-zr8ic 4 роки тому

    it sounded like he was for Herbalife at the end lol about how all it is poor people recruiting their friends and their friends lol

  • @tru2thastyle
    @tru2thastyle 6 місяців тому

    Yo what’s up with this chick?

  • @caseyhansen4583
    @caseyhansen4583 10 років тому +2

    Leave people alone Bill! If they want to sign up no one is being forced!!

    • @andrew12341231
      @andrew12341231 10 років тому +15

      Nobody was being forced into Bernard Madoff's ponzi scheme. By your logic nobody should have done anything about it and let people be defrauded. You dense fuck.

    • @rufuguru
      @rufuguru 9 років тому +4

      Hold on there, if Bill is correct, then they are not operating legally and must be prosecuted.

  • @shwe5359
    @shwe5359 4 роки тому +1

    Illegal aliens fall for this herbalife bs. Same with catholic churches

  • @Smart16470
    @Smart16470 4 роки тому +2

    The training is not on the scoops and recruiting only! It's a matter of Personal Development. You start with your friends and people you know because it's easier to talk to known people. After having gained confidence and experience you start talking to anybody interested in having a Healthy Life Style and Earn Extra income Part Time or full time.

  • @kizz24
    @kizz24 5 років тому +1

    Crazy thing is, I thought it was a scheme at first, but It's not. I don't even do HerbalLife, but I know folks who are distributors and who have amazing results. He's speaking off of pure ignorance and has hatred for the company. The company doesn't target poor people. Anyone who wants to lose weight or live a better lifestyle, this is a convenient way for them to do so.

    • @kizz24
      @kizz24 5 років тому

      @Gabe Stagg I already am. I'm married to her 🤣🤣🤣. All jokes aside. I keep it real with people. I don't do herballife. Herballife is a weight loss program that is convenient. People go wrong by spending too much on multiple products that you don't really need. Also, him mentioning poor people and low income places is false. And to makes sense of him hating. I would like to ask him a question. We as humans buy products all the time. What's the problem with someone signing up to work for a company to make supplemental income an buy their products, as well? Not for nothing, we buy Nike and all these other name brand products. None of those companies are giving anyone a job unless you have a degree or your father is the CEO.

    • @yobber757
      @yobber757 5 років тому +7

      Dude shut up herbalife is trash

  • @TheBzagal
    @TheBzagal 9 років тому +7

    I'd never heard so much nonsense in less than 4 minutes. Just because his company has shorted Herbalife stock (means the company makes lots of money if Herbalife share gets cheap) he has been given the mic to say whatever BS he wishes. Not a single points he says is true. Ask any distributor of Herbalife if they had been pushed to buy a 3 grand inventory or gone through long trainings. Shameless bulshitter.

    • @Verdad2024
      @Verdad2024 9 років тому +19

      I could tell you first hand that Herbalife is a scam

    • @bzagal2147
      @bzagal2147 9 років тому +1

      g zaw Hi Zaw. The way you speak explains why you will NEVER be successful in any career that needs human interaction. You are rude and careless. Find a job in computer programming and stay in your cubicle.

    • @bzagal2147
      @bzagal2147 9 років тому +2

      HAguayo Aguayo, I agree many distributors are not successful. I have seen, first hand, many successful distributors in just months, though. Ackman has bet against Herbalife and is mixing truth and false to make money. I'd really like to know your point of view.

    • @LoveSidekick
      @LoveSidekick 9 років тому

      f

    • @bzagal2147
      @bzagal2147 9 років тому +1

      g zaw I see how successful you are. That's why you have to explain yourself in 15 lines! Piece of advice: Get a interpersonal skills and self-confidence coach. You really need it.

  • @aaastuff
    @aaastuff 4 роки тому +2

    He's just pissed that some Herbalife distributors make more money than him and he spent all those years in school lol

    • @dakotamoore1565
      @dakotamoore1565 4 роки тому +7

      AAASTUFF found the dumb boomer

    • @MoSpaceDig
      @MoSpaceDig 3 роки тому +6

      Bruh ☠️ a quick google search would indicate otherwise.

    • @aaastuff
      @aaastuff 3 роки тому +1

      @@dakotamoore1565 Akerman lost.. Boom

    • @sleepless2541
      @sleepless2541 2 роки тому +2

      @@aaastuff herbalife is walking on thin ice, sure it may be legit to a certain degree, but beware, if profits from downline recruiting outweighs profits from product sales, then the regulators might come in and take actions

    • @aaastuff
      @aaastuff 2 роки тому +1

      @@sleepless2541 Herbalife is one of the oldest around. I don't think they can be stopped.

  • @Smart16470
    @Smart16470 4 роки тому +1

    Herbalife isn't a pyramid scheme! It's a Multi Level Recruiting Base. You not only sign up friends but people interested in Herbalife Business opportunity!