> “The market can stay irrational longer than you can stay solvent.” -John Maynard Keynes
Or it can stay irrational as long as it has a wealthier billionaire backing it.
People forget that HLF was headed for collapse until Icahn and a few other billionaires backstopped HLF.
There is a reason why Ackman is worth $1 billion and Icahn is worth $16 billion.