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.

It's an interesting story, but there's 15 minutes of useful content in the story; the remaining ninety minutes is pure filler. As you're watching, whenever you feel "god we get it, you've already said this a dozen times" jump forward 20 min -- you won't miss anything.

I have nothing to say beyond that. Hopefully IMDB won't force me to pad this reviews with vast amounts of filler!

"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.

I had heard of Herballife before, but I never really looked into it. I have to admit that only by name and the vague promise of healthy living/eating, I'd say I would be interested in that product. But having watched the movie and having checked online for other sources, I wouldn't do it in hindsight. The Pyramid thing of selling, is something I despised from the moment someone tried to sell it to me.

Back then I got introduced into the life insurance business. Where when you got people signing a contract, you got a percentage. But you could also get other people involved, lean back and let them do the hard work. Obviously, the most money would land with the people at the top ... all those below would get a smaller amount ... all the way to the crumbs at the bottom. The movie portrays different sides and gives voice or offers perspective from Herballife too. There are more than a couple of warning signs. But if someone promises you riches and a lot of money ... well some people do fall for that. Intriguing and compelling editing does the rest

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!