Amazon.com, Inc.
AMZN
position
short
Bill Ackman
Thesis
Bill Ackman expresses a strong belief in being short Herbalife, suggesting that if the best arguments against it are not convincing, he would want to increase his short position. He highlights Amazon as a formidable competitor in retail, indicating a cautious stance towards retail investments due to Amazon's dominance.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's unclear whether the thesis has played out. While Ackman's concerns about Herbalife and competition from Amazon are valid, the lack of concrete outcomes makes it difficult to assess the effectiveness of the short position.
Raw excerpt
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