Betting on Zero

2017 "The ultimate shakedown"
Betting on Zero
7.2| 1h44m| NR| en| More Info
Released: 17 March 2017 Released
Producted By: Zipper Bros Films
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Budget: 0
Revenue: 0
Official Website: http://bettingonzeromovie.com/
Synopsis

Controversial hedge fund titan Bill Ackman is on a crusade to expose global nutritional giant Herbalife as the largest pyramid scheme in history while Herbalife execs claim Ackman is a market manipulator out to bankrupt them and make a killing off his billion dollar short.

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Reviews

tylerwoodrownichols I've been interested in multi-level marketing (MLM), AKA legal pyramid schemes, for a while now, so when I heard about this film I knew I needed to watch it. There's a lot to like about it, but there's also a lot to hate. I would have loved for it to focus more on Herbalife itself and its victims. There's a decent amount of information about Herbalife (which is nothing but despicable) and a kind of sub-plot about a group of Latino immigrants who are trying to sue the company for taking advantage of their community. There would probably be more than enough going on there to make for a decent documentary, but instead it focuses too much on the stereotypical "wolf of Wall Street" opportunist (oh wait, my mistake,"activist investor") Bill Ackman and his bid to get rich(er) off of ruining Herbalife's stock. It's clear to me that he's just a sociopath himself who doesn't really care about Herbalife's victims at all, but just sees a situation to exploit for his own financial gain. On one level, I get it. It makes for a very juicy story and everybody wants a "hero" to root for. However, I would rather that hero to have been the actual underdog here, Herbalife's victims. I do think that there is a valuable lesson in the childish quibble between Ackman and his nemesis, fellow Wall Street scum Carl Icahn, about why using the stock market as an indicator of how the economy is doing is basically meaningless for the average person: in reality it's little more than a playground for the ultra-rich, men who are so out of touch with reality or basic human empathy that they put their own egos (oh, and money, did I mention money?) above everything else. It's well-made and will surely keep you entertained, but ultimately it feels hollow and left me hoping for a better documentary about MLM itself, not ego-measuring contests between reprehensible "activist investors".
kosmasp 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
marflooringllc The "victims" of Herbalife claim they have been taken advantage of but do not take any personal responsibility. I understand these type of companies are manipulative but you have to watch out for yourself. Our society is full of salesmen, schemes, and snakes that are after your money its not just Herbalife. Bill Ackman seems insincere to me. He has 1 billion dollars invested that Herbalife stock will go down so of course he is going to try and sell you on all the negatives. If there was any positive aspect of Herbalife it wouldn't be included in this documentary. Very one sided.
jdesando William Ackman, quietly charismatic investor and producer of Inside Job, has made a short bet on Herbalife, which he claims is a pyramid scheme benefiting the rich at the top and stealing from the poor at the bottom. Betting on Zero is the fascinating documentary about the battle between equally charismatic Herbalife CEO, William Johnson, and Ackman.The ambiguity comes on two levels: Is Johnson a con man or a brilliant business man? Is Ackman in this game to bring down the price of Herbalife's stock and cause the company to close, or is he looking to make a huge profit (he promises to spread his profit to the poor, mainly Latinos, who bought into the pyramid)? This doc is not as pro-Ackman as you might expect. By tracking him coming to a meeting like a rock star out of a black SUV and increasing skepticism about his motives, it seems to support a balanced view. Yes, Johnson has been part of a management that has made the company worth over $50 billion and many at that high level, millionaires, yet the evidence is that the need for more and more managers merely means more people in the lower levels will never make a buck.As with The Big Short and Margin Call, both about the bad mortgage game, the tension is ripe even though we know the outcome of a potentially nerdy story. However, these stories are all fraught with human drama and educational enlightenment for those of us not versed in financial language and events.These real-life stars carry the moral ambiguity of Shakespearean tragic characters, which, in this case, appear to honor and protect the consumers who buy their products. You will leave the theater with a better understanding of shorting and more than that, a wariness about door-to- door products and slick purveyors.