think herbalife. speaking of herbalife, let's go to herb in florida, herb. >> caller: jim, great to talk to you. i'm an action alerts follower for at past few years. i wish i had gotten on board a lot sooner. >> you're very kind. some tough days. i like that, that you support us. what's going on? >> caller: i'm recently retired. i've saved up well over my lifetime, and i've looked at what the longevity of my savings. as long as i manage things well, i'm in good shape. >> good. >> caller: my concern right now is in allocation. halfway between what i follow you with and the other in index funds. >> okay. >> caller: and then the remainder is split between bond funds and cash. you know, the cash fluctuates up and down. >> sure. you're doing it exactly right, just like we teach you in action alerts. >> caller: well, i've been paying attention, then. >> thank you. >> caller: thank you. >> you've got it dead right. i have no criticisms. all right. trying to spot a raging buy? here's a tip, when you see insid

some feel he got the intellectual argument right about herbalife, not the reaction of the market.ill is an iconoclast. he is not well-liked. there are not people who are going to rise to his defense at this moment. this is blood sport. this is darwinian. if they smell blood in the water -- matt: even john mcenroe doesn't like bill ackman. well, 2 hot heads, john mcenroe and bill ackman, and they deserve each other and had quite a grudge match, probably. joe: i'm going back to this sounds like after the jcpenney debacle, a lot of people writing his obituary then and then and that he had a fantastic performance. fundamentally like a different moment for him then after that when it seemed like he was on the ropes and then? at a he went to valeant high point and his whole m.o. is to buy committees like general growth. nobody thought it would amount to anything. . is to buy companies when they are low or people have given up on them -- joe: like chipotle. e, butyeah, like chipotl that may be indicative of more trouble for them. valeant was against the grain. it totally collapsed. he ha

to get everything else, but i also think herbalife fundamentally -- hey, look how well they dealt withlook at china. look around the world. i mean, this gives jobs to people. they say, well, it's the same thing. it's the way of selling. by the way, that methodology of selling is becoming more pre prevalent with the internet. now you have internet, and you have less retail. you have less retail. you can go knock on doors and tell people that. i i'm not here to even defend the company, but i can't -- it gets me going because i can't understand why the obvious in this case -- you look for these unique situations, and that's why i said it's going to be the mother of all short squeezes. that said, hey, ackman is a smart guy, and i'm not here to bash ackman in any way. >> we'll leave it on that note. carl, thank you for being here. thank you for calling in rsh we'll talk again soon. zroo good talking to you. >> likewise. carl icahn. halftime report continues with another big name who often moves markets. double line capital's jeffrey gundlach live in two minutes. first, what's coming up on p