What Gordon Gekko Could Teach Bill Ackman

On Thursday's Market Foolery, host Chris Hill and Motley Fool Funds analyst Tim Hanson shake out the emotional conviction of Ackman's attack on Herbalife (NYSE: HLF  ) .

Bill Ackman is clearly against Herbalife. In December, Ackman announced he staked $1 billion on an Herbalife short, and on Tuesday, Ackman presented a three-and-a-half hour presentation that was supposed to be "the most important presentation of [his] life." On Tuesday, shares of Herbalife jumped instead of withered. Tim looks at overpromising and under delivering or under promising and over delivering. Chris remembers Gordon Gekko's maxim about investing in Wall Street: "Don't get emotional about stock." Chris thinks Ackman has become far too emotional about this company.

Tim dissects Ackman's presentation, and wonders what Ackman's lengthy speech actually explained. He also wonders if Ackman's investigation is falling toward a confirmation bias. Chris looks at conviction in businesses, and how convictions can be helpful in a company; yet he questions if Ackman's emotions have hindered him.

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Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

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Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


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