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  "documentTitle": "Herbalife, Ltd. (HLF)",
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  "authorName": "William Ackman",
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      "kind": "callout",
      "text": "Why are sales at the \"competition\" not impacted by the exponential expansion of HLF's Nutrition Clubs?",
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      "text": "(1) Source: Herbalife filings, Burger King. Represents Herbalife \"Retail Sales.\" (2) Pershing Square estimates, per Herbalife filings, presentations, and transcripts.",
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      "text": "Despite What Seems to be Impressive Growth, Herbalife Doesn't Appear to be \"Stealing Meals\" from Fast Food",
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