Betting on zero online latino

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The doc, which screened at the Tribeca Film Festival last year , focuses on Herbalife. But it is the testimonials of the many Latinos who have been ravaged by their involvement in the company that really hits home. To many immigrant Latinos some of them undocumented , the idea of being able to make money quickly while being their own boss is a very seductive proposition. One, which is, as the documentary shows, rather unlikely. But the truth, as alleged in the FTC complaint, is that the overwhelming majority of distributors who pursue the business opportunity earn little or no money.

Betting on zero online latino

Sign In. Betting on Zero Hide Spoilers. Entertaining, educational, with a dose of humanity. JohnDeSando 10 April 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. 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. 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.

Twitter: glenzipper.

Herbalife claims Ackman is simply a market manipulator out to make a fortune from short-selling their stock, but Ackman insists Herbalife deliberately targets low-income and immigrant communities and robs them of their life savings. Herbalife is joined on the counterattack by longtime Ackman nemesis and fellow Wall Street billionaire Carl Icahn, while Ackman finds an unlikely ally in Chicago activist Julie Contreras, who rallies the Latino community to get the Federal government to intervene. Blending tales of high-stakes corporate intrigue with working-class people caught in the crossfire, Braun paints a stirring picture of the American Dream gone wrong. For his work writing and directing the film, the International Documentary Association awarded Braun their Emerging Filmmaker of the Year. Twitter: glenzipper.

The doc, which screened at the Tribeca Film Festival last year , focuses on Herbalife. But it is the testimonials of the many Latinos who have been ravaged by their involvement in the company that really hits home. To many immigrant Latinos some of them undocumented , the idea of being able to make money quickly while being their own boss is a very seductive proposition. One, which is, as the documentary shows, rather unlikely. But the truth, as alleged in the FTC complaint, is that the overwhelming majority of distributors who pursue the business opportunity earn little or no money. That is what multi-level marketing companies are premised on even as their legality is up for debate. This explains why the now global conglomerate has worked hard to discredit the film. Debut of our poster today as well. Much of her work concerns undocumented immigrants in the U.

Betting on zero online latino

Eligible info. Herbalife claims Ackman is simply a market manipulator out to make a fortune from short-selling their stock, but Ackman insists Herbalife deliberately targets low-income and immigrant communities and robs them of their life savings. Herbalife is joined on the counterattack by longtime Ackman nemesis and fellow Wall Street billionaire Carl Icahn, while Ackman finds an unlikely ally in Chicago activist Julie Contreras, who rallies the Latino community to get the Federal government to intervene. Blending tales of high-stakes corporate intrigue with working-class people caught in the crossfire, Braun paints a stirring picture of the American Dream gone wrong. I thought this was pretty good and spot on about the industry. It's not representative of all of it, but unfortunately, most. There is a big private company company out there at the top of this industry that engages in many of these behaviors, and has a flawed system.

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For the most case Bill Ackman and the Latino community, who are hit the hardest by the ill effects of Herbalife, remain in their own separate worlds. I just watched "Betting on Zero," and gotta say, it's quite the ride. Meanwhile, another CEO of an investment firm tries to fight him by buying buying shares from Herbalife, which creates this competitive rivalry between investors. Biltmore Films specializes in business and financial subjects. To many immigrant Latinos some of them undocumented , the idea of being able to make money quickly while being their own boss is a very seductive proposition. But the truth, as alleged in the FTC complaint, is that the overwhelming majority of distributors who pursue the business opportunity earn little or no money. But I now keep thinking about this pyramid scheme. Taylor, MBA, Ph. My law teacher once told me: everyday people think that courts provide justice for the mass, but it isn't true. There are more than a couple of warning signs. Great documentary thats tries to cover almost all perspectives pieterbmolendijk 11 February Contributors Braun, Ted,.

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Was this review helpful? See that guy that bought 5 nutrition clubs, well the smart thing would have been to buy one and see how it goes, he has nobody to blame but himself. Ackman is focused on a lot in this movie and I can see why some people don't like that they focus on him so much. I held them as they were shaking and crying. Of course they're going to require you to gather a large sales team of distributors - they need to sell a lot of product before giving you royalties. I sent you the warning in good faith. If you are looking for a documentary where the little men fight to get revenge on big money, then just skip this - Mexican immigrants praying with attorneys will hardly provide you any useful information. The company seems to be big proponents of providing financial freedom to their customers yet most of their customers who are responsible for selling their products and recruiting others people into the Herbalife cause find themselves filing for bankruptcy. I started to watch the document mainly because I was curious about Mr. They try to play it fair, showing both sides of the story, which gives a nice balance. Julio Ulloa, a native of Ecuador, had a construction business in the US that was doing very well.