When the Wolves Bite
Two Billionaires, One Company, and an Epic Wall Street Battle
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Narrateur(s):
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Scott Wapner
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Auteur(s):
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Scott Wapner
À propos de cet audio
With their billions of dollars and their business savvy, activist investors Carl Icahn and Bill Ackman have the ability to move markets with the flick of a wrist. But what happens when they run into the one thing in business they can't control: each other?
This fast-paced book tells the story of the clash of these two titans over Herbalife, a nutritional supplement company whose business model Ackman questioned. Icahn decided to vouch for them, and the dispute became a years-long feud, complete with secret backroom deals, public accusations, billions of dollars in stock trades, and one dramatic insult war on live television. Wapner, who hosted that memorable TV show, has gained unprecedented access to all the players and unravels this remarkable war of egos, showing the extreme measures the participants were willing to take.
When the Wolves Bite is both a rollicking, entertaining read--a great business story of money and power and pride.
Ce que les critiques en disent
"Told in a breathless, urgent style, this is a trenchant business drama that brings life to its characters and will mostly appeal to business buffs."—Publishers Weekly
"When the Wolves Bite is the thrilling story of an epic battle between two business titans. Nobody can tell it like Scott Wapner does, because nobody knows activist investors better than he does. If you want to know what makes billionaires go to war, you must read this book!"—Jim Cramer, host of MadMoney
"When the Wolves Bite completely changed the way I think about activist investors. A fantastic read from a man who keeps these titans of business honest on his show every day."—Kevin O'Leary, SharkTank investor and chairman of O'Shares ETFs
"It's never about money. It's always about ego. This book is a telling examination of the psychology of billionaires trying to one-up each other."—Andrew Ross Sorkin, NewYork Times bestselling author of Too Big to Fail
"When the Wolves Bite reads like an action film with multiple combatants, but the story is told from a neutral corner, capturing all the nuance, drama, and importance of a giant battle. Scott Wapner provides great insights for all into a very complex world."—MichaelOvitz, cofounder of CAA
This book is fairly interesting in that it's about a battle between two billionaire activist investors on either side of an investment. Ackman who shorted Herbal Life and Ichan who bet on its stock to rise. The key seemingly to be to prove whether or not Herbal Life was a pyramid scheme or not.
The documenting of this battle is quite interesting and a look in to all the players culminating with the judgement passed on Herbal Life was engaging. I give it 4 stars which should be really be more 4.25 as I found the writing only occasionally engaging the story did hold my interest.
From an Audio Book perspective, it was OK, definitely 4 stars. The reading was good but slightly bland, not boring though.
I would recommend this book if you are interested in Wall Street chess matches.
Interesting Business Read about 2 Investing Giants
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