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  "documentTitle": "Pershing Square Portfolio (multiple positions)",
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  "authorName": "Pershing Square",
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  "presentationDate": "2015-04-28 00:00:00",
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      "text": "From its high of $82 in January 2014, Herbalife’s stock price declined 52% in 2014 due to, among other things, regulatory investigations, public scrutiny, deterioration of the business and earnings",
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      "text": "Stock price performance of HLF from 1/1/2014 to 12/31/2014",
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      "text": "stock price: $38",
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      "text": "Note: The performance of HLF's stock price is provided for illustrative purposes only and is not an indication of PSH's future returns. Average cost of shares purchased by Pershing Square may exceed the initial share prices noted herein. Source: Bloomberg.",
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      "text": "Herbalife: Timeline of Events (cont.)",
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