During this brief lull in the drama surrounding the nutritional company Herbalife, it's time to reflect on the drama within the drama: the battle between Bill Ackman and Carl Icahn, who have staked out opposing positions in the stock.

On Friday, it was Carl "Tae-Cahn-do" Icahn versus Bill "The Axman" Ackman in what some people were calling the best financial TV "of all time." The...

I tend to like nice guys. Don't we all? One of my favorite investors is John Templeton. Years after his death, he's still acknowledged as an exemplary person and great investor. But you don't have to be adorable to be a good investor.

Bill Ackman claims Herbalife is a pyramid scheme, and he makes a good case for it. But even if you don't buy his argument, there are other compelling reasons that would make many reasonable people run far and run fast from this company.

Some hedge fund managers feel they are above appearances, if not the law. Some investors believe prostitution isn't a big deal, too. But there's a large cohort of investors that won't go near a hedge fund manager with a reputation for using prostitutes.

If a corrupt scheme is "making money," everyone involved--from the culprits to the dupes--viciously attacks anyone who tries to expose it. Hedge fund manager Bill Ackman learned this lesson the hard way.

Still red-faced from his flops at Sears and Kmart, billionaire investor Eddie Lampert got hit with more shareholder grumbling at yesterday's annual me...

Like stealth tigers, billionaires Warren Buffett and Bill Ackman are moving in for the kill of the wounded bond-insurance business - but their ultimat...