Do you have adblock enabled?
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Marketwatch)   Did Herbalife top Wall Street's profit target for the 17th consecutive quarter? Naturally   (marketwatch.com) divider line 30
    More: Spiffy, Herbalife, Wall Street, Carl Icahn  
•       •       •

737 clicks; posted to Business » on 30 Apr 2013 at 9:55 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



30 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread
 
2013-04-30 08:30:51 AM  
www.certaindoubt.net
 
2013-04-30 10:00:27 AM  
I need to buy some more of this to go along with my Bitcoin investments. I CAN'T lose.
 
2013-04-30 10:33:18 AM  
www.nytmare.org
 
2013-04-30 10:56:58 AM  
Who buys this shiat?
 
2013-04-30 11:03:03 AM  

teknophile4385: Who buys this shiat?


Scientologists?
 
2013-04-30 11:05:50 AM  

teknophile4385: Who buys this shiat?


You know what they say about fools and money.

Well, there are a nearly infinite number of fools.

/but but Carl Icahn
 
2013-04-30 11:09:01 AM  
Done in 1.
 
2013-04-30 11:15:49 AM  
It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.

www.randomfail.com
 
2013-04-30 11:27:03 AM  

Shaggy_C: It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.


It's a multilevel marketing scheme that sells overpriced vitamins.  It simply proves that there's a sucker born every minute.
 
2013-04-30 11:27:35 AM  

Shaggy_C: It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.


Yeah, say what you want about Herbalife. They are not a flash in the pan.
 
2013-04-30 11:31:14 AM  

A Shambling Mound: Shaggy_C: It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.

Yeah, say what you want about Herbalife. They are not a flash in the pan.


Yeah, they just lost their auditors for no goddamn reason.  None at all.
 
2013-04-30 11:31:31 AM  

Shaggy_C: It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.

[www.randomfail.com image 500x667]


If by successful you mean continually sued for false advertising, ruled a ponzi scheme by at least one European country's high court, having your founder die of an 'accidental' overdose, hiring sketchy management without the degrees they stated they had, and taken back private at least once.  Sure.
 
2013-04-30 11:41:22 AM  
Now is the time to buy!
 
2013-04-30 11:49:06 AM  

teknophile4385: Who buys this shiat?


Ackman and Icahn engaged in a slapfight over Herbalife on CNBC a few months ago. You could hear the traders in the background booing everything Ackman said and cheering everything Icahn said.

So to answer your question, these douchebags:

www.fbnstatic.com
 
2013-04-30 12:10:02 PM  

Stile4aly: It's a multilevel marketing scheme that sells overpriced vitamins. It simply proves that there's a sucker born every minute.


Just because it's a nontraditional business model doesn't mean it can't fill a niche.  There is obviously a demand for the products out there (not to mention a demand for door-to-door 'no experience necessary!' jobs for would-be salespeople) and they are filling that role nicely.  I actually think a company like this has more staying power than many tech firms - at least they actually manufacture a durable good.  Not that I'd invest in them, but it seems to be working for the company for the most part, as evidenced by their consistency in beating estimates.
 
2013-04-30 01:38:35 PM  

TheSelphie: A Shambling Mound: Shaggy_C: It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.

Yeah, say what you want about Herbalife. They are not a flash in the pan.

Yeah, they just lost their auditors for no goddamn reason.  None at all.


I didn't realize insider trader wasn't a reason anymore. They really are playing things fast and loose on Wall St these days, aren't they?

I'm not sure what your angle is, but for the record I'm not defending Herbalife. I think they're a pyramid scheme, but then again I think the same thing about Amway, Avon and Mary Kay and no one seems to have any problem with them.
 
2013-04-30 01:47:13 PM  
Every company sells hope.  Herbalife has packaged it skillfully.
 
2013-04-30 03:14:43 PM  
Just imagine how much money they could make if they sold drugs that actually did something.
 
2013-04-30 03:20:24 PM  

MrEricSir: Just imagine how much money they could make if they sold drugs that actually did something.


Well they do _something_, a friend of mine on Herbalife has lost just shy of 100 lbs in the last year or so, and the only exercise she gets is from the bedroom to the couch.  She's a distributor and keeps trying to get me to start using the stuff and I've resisted her so far, but far be it for me to say the stuff doesn't work.  Whether it's worth the price they're charging (as opposed to being reproducible with off-the-shelf vitamins) is another matter entirely.
 
jvl
2013-04-30 03:58:38 PM  

taliesinwi: Well they do _something_, a friend of mine on Herbalife has lost just shy of


Anecdotes are almost similar to evidence.
 
2013-04-30 04:10:18 PM  

taliesinwi: MrEricSir: Just imagine how much money they could make if they sold drugs that actually did something.

Well they do _something_, a friend of mine on Herbalife has lost just shy of 100 lbs in the last year or so, and the only exercise she gets is from the bedroom to the couch.  She's a distributor and keeps trying to get me to start using the stuff and I've resisted her so far, but far be it for me to say the stuff doesn't work.  Whether it's worth the price they're charging (as opposed to being reproducible with off-the-shelf vitamins) is another matter entirely.


The diet works because of the cost... when you pay that much for those pills and vitamins you have a higher chances to stick with it. My mom is doing a similar diet and she's lost about 30 lbs in the past 3 or 4 months. It's the first diet ever that she doesn't cheat on because the food she buys for the program is pretty expensive.
 
2013-04-30 04:15:18 PM  
Had a bit of a crush on a sales girl for this company once so I bit the bullet and sat through the sales pitch.  Having gone in knowing almost nothing about the company, within 60 seconds I was thinking "This sounds like a ponzi scheme, please don't be a ponzi scheme".  Two minutes after that: "This is definitely a ponzi scheme".  Another few minutes after that and they actually pulled up a presentation slide with a pyramid on it...

That said, to their credit, they actually manufacture a durable consumable good which leaves room for expansion in the market as opposed to cutco (how many knife sets do you need?).

I still wouldn't invest in the company and have no inclination whatsoever to join their affiliate program but I'm not going to scoff at people paying $6 for a protein shake instead of a grande sugar coffee from Starbucks...
 
2013-04-30 06:19:25 PM  

jvl: taliesinwi: Well they do _something_, a friend of mine on Herbalife has lost just shy of

Anecdotes are almost similar to evidence.


Yes, yes, the plural of anecdote isn't data, but when 100% of the people you know on a diet product (my friend and a few of our mutual friends she's signed up for it) report success, what are you supposed to do, survey everyone else on the planet just to be sure?
I'm saying the success rate - even in limited and anecdotal form - is higher than placebo or "just sticking with it because it's more expensive" would indicate.  What I'm wondering is if it can be replicated for cheaper by going into a health food store with a carefully selected shopping list.
 
2013-04-30 06:35:48 PM  

Shaggy_C: It's been a successfully profitable company for over 30 years.  Not sure the "house of cards" analogy quite holds up here.

[www.randomfail.com image 500x667]


But is it still considered unremarkable?

( * )
 
2013-04-30 06:54:29 PM  

Shaggy_C: There is obviously a demand for the products out there


I don't understand this lack of distinction between pushing lies, and demand for worthwhile products, but then I am not a businessperson who only thinks with his wallet.
 
jvl
2013-04-30 07:51:29 PM  

taliesinwi: I'm saying the success rate - even in limited and anecdotal form - is higher than placebo or "just sticking with it because it's more expensive" would indicate.


See this is why we don't give you grants to do science: you are using your cave-man brain to evaluate probabilities. "That other guy didn't get eaten by a crocodile while drinking at the water hole therefore it is safe."

Please use math instead. Also, perhaps some critical thinking.

You don't lose that kind of weight by eating a bunch of expensive pills. You lose that kind of weight by changing your entire life around. In an abundance of insanity (also a notable human trait) your friend added pyrimidlife pills to her diet at the same time she suddenly decided to eat better and get more exercise.

Your friend made herself better. The placebos she was taking had nothing to do with it.

It's like vitamins. Studies show they are generally pointless, yet the people shopping at GNC are obviously a bit healthier than normal. Why? Because people who change their lives try a lot of different things to improve themselves, including stupid things like shopping at GNC. When they get healthier, they don't know which of the ten things they did made them healthier.
 
2013-04-30 09:16:48 PM  
I sat through an Amway scheme once. A friend of a friend had a great "business opportunity" and it ended up being the pyramid scheme BS.

It scares me that companies like Amway and Herbalife are still in business.
 
2013-04-30 09:34:19 PM  
CSB time:

 About 15 years ago I was vacationing at Grotto Bay, Bermuda, and met a couple who made their living from HL. They were just shy of being Amway people. They kept attempting to engage my wife and I in conversation at a bar, and were boring as fark. I went outside to have a smoke and the husband asked if if I "partied". I asked in what manner he meant. He asked if I would meet him on the beach in the morning (about 6 am). I replied (doing my best Fletch imitation), "Does   this proposition entail my dressing up as LittleBo Peep?" He laughed and said "No."
  He had a small amount of Mescaline which we gobbled as the sun was just starting to rise.
An incredible day. The wives went shopping as we husbands explored the island tripping our asses off.
 
2013-05-01 11:42:00 AM  

jvl: Please use math instead. Also, perhaps some critical thinking.


I read that first as "Please use meth instead."  Which would lead to weight loss.....
 
2013-05-01 02:59:22 PM  
Same multi-level marketing model as Beachbody.

You know, the guys who sell you the P90X and Insanity.
 
Displayed 30 of 30 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
Advertisement
On Twitter





In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report