Betting on Zero

I just watched "Betting on Zero," and gotta say, it's quite the ride. This documentary drives home its points on this evil corporation. They mix interviews, undercover work, and personal experiences to expose what horrible things have taken place. They talk with ex-Herbalife sellers who got the short end of the stick, and there's Bill Ackman, a hedge fund manager leading a full-on crusade against the company. They try to play it fair, showing both sides of the story, which gives a nice balance.

They do seem to drag a bit on the story and they could've made the film shorter but I didn't really mind it that much. It shouldn't affect weather or not you see the film (in my opinion).

Ackman is focused on a lot in this movie and I can see why some people don't like that they focus on him so much. On the other hand, I think it shows that there are people on many ranges of income that are working to fight against Herbalife. And that it is not just a rich v.s the poor scenario.

So even though there are its cons, "Betting on Zero" seriously nails it when it comes to uncovering the shady side of corporate greed. I love how they went over the story without making you want to stop watching it out of boredom. It tugs at your heart with personal stories, and makes you realize how unfair the world can be. If you are interested I highly recommend it, especially if you are getting into the world of business.

A long but engaging and extremely even-handed documentary, and it's engaging in large part because it doesn't take obvious sides. You really don't know which way things will go, nor is anyone portrayed as a purely good guy or bad guy, and different parties are given equal opportunities to speak. I liked it.

"Betting on Zero" is a documentary film about hedge fund manager Bill Ackman's legendary feud with a multi-level marketing corporation known worldwide as "Herbalife".

Herbalife is a public company whose stocks are traded on the NYSE (New York Stock Exchange), they sell dietary supplements and encourage customers to recruit other people into the fold as distributors of their products. The company seems to be big proponents of providing financial freedom to their customers yet most of their customers who are responsible for selling their products and recruiting others people into the Herbalife cause find themselves filing for bankruptcy. This dichotomy reveals a more nefarious modus operandi that is based on preying on the vulnerable, as so aptly put in words by many: "Herbalife in Robin Hood in reverse".

Bill Ackman first became aware of the dubious stats of the company and became interested soon as he realized that this was in all essence a billion pyramid scheme operating in broad daylight. To him the company was a lie so audacious that people had no way but to believe that it was true. So he took it upon himself to drag the company through the mud, to expose it's true colors and to make a neat profit while at it.

Meanwhile there were is another faction on the ground level, away from the machinations of Wall Street, mostly made up of the Latino community, along with a few others who have experienced the harmful effects that Herbalife firsthand. They have lost a lot of money and are dealing with the very real repercussions that come thereafter.

For the most case Bill Ackman and the Latino community, who are hit the hardest by the ill effects of Herbalife, remain in their own separate worlds. They are largely uninformed of each other and have to deal with the problem in their own way. These are two starkly different worlds and have their very differing views of how to deal with the problem. While the Latino community engages in protesting and providing community support while Bill Ackman engages in shorting Herbalife stock. The documentary highlights the key moments in their struggle against Herbalife. The documentary is very US-entric and leaves much of the global operations of Herbalife mostly untouched, save for a brief mention. Although Bill Ackman gets painted in a sympathetic light, the disenfranchised masses are those who retain all sympathies.

The documentary does well to show the corrosive effects that these fraudulent corporations can have on a community the helplessness that comes therein. But even in the face of the dehumanizing effects of these large systems, the community remains resilient. Beaten down again and again till they had someone like Ackman on their side did they have any hope of winning.

Overall this is movie is really interesting. William Ackman does his best trying to expose the business model used by Herbalife, which is cleary unethical and the potential to harm a lot of uneducated and unsophisticated investors. Meanwhile, another CEO of an investment firm tries to fight him by buying buying shares from Herbalife, which creates this competitive rivalry between investors. It does a great job highlighting all sides and the consequences the business model has (which is not officially defined as a pyramid scheme by the FTC, but is pretty damn close).

For me, someone that studies banking and finance this movie could be a lot more attractive than for someone that is uninterested in finance or markets in general, my advice is therefore watch it if you are interested in the field of finance or like documentaries regarding economicies, else this is propably not worth it.

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.