Much more relevant than all of this morning's posts about Munger's VRX comments, Mr. So.
Moreover, proves you can like MLM, but still detest HLF. Pampered Chef is not like HLF.
Unlike Hempton, Munger won't change his view when he realizes they are highly profitable sxumbagx.
I gtee you Fruity McLovin won't comment on this. He was all over Munger's VRX critique.
Munger: "It's a disgusting co that lures poor people into buying product w too much hope it'll pay off."
Got that, cult? How does it feel?
What say you now, cult? Let me hear how Munger is either: 1) an idiot; 2) paid off by Ackman or 3) some other dumb arsh theory.
Bish, I've consulted with the IRS on this issue. Just shut the hell up.
You're missing the xn point anyway, old arsh man. Revenue concentration is not the issue.
The issue is, HLF distributors and WMT distributors are quite different. Let's see if your dumb arsh can spot the differences.
Fruity, why the hell are you opining on revenue recognition policies given that you've never read a 10K in your life? Spot the idiocy of your statements. Nah, you can't. Here you go:
The WMT wholesalers are independent of WMT. As you know, HLF distributors are dependent on HLF, and subject to rules implemented to by HLF. This whole employee vs. independent contractor thing has you totally fooled.
Bish, I wasn't talking to you. Not sure who the xn you think you are dealing with. Soda is bad, damn fool. Get your head outta your ash.
By your logic, prostitution is one of the oldest professions around. I don't see any publicly-traded prosti companies.
I got it prior to you saying anything. Just wanted you to say it, explicitly.
My opinion is informed at least, though. Yours is just some "cowboy feeling nonsense."
2) Well small fine is relative. I think it will approach $100MM.
3) This isn't go to happen.
4) This won't happen either. At the very least, the FTC will say HLF's business exhibits pyramid scheme-like elements.
More to my point, in your mind exoneration is binary. No shut down = exonerated. Shut down = no exoneration. By definition, a fine means the company has not been exonerated. Find a new word.
See, every time I want to not attack you, you force me to. You know damn well he will not say he covered, fool. He hasn't.
WEB didn't say it was a scam or a joke. Munger's old senile arsh said something similar.
What does exoneration with respect to HLF and the FTC mean to you? I have never seen the FTC "exonerate" any company, particularly after a three-year investigation. I'm trying to get in the head of small-time long like yourself. Thanks.