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slides · global inventory

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Global slide inventory for the active corpus filters, with each row opening the slide detail view.

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Corpus coverage

319,975 slides

319,974 are described (100%), so the treemap can explain the corpus instead of just counting files.

Total slides
319,975
Described
319,974
Pending
1

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Slide type

Showing 319,974 described slides — 100.0% of 319,975 rendered pages

+Context & problem43,76713.7% · 6,592 docs+Data & charts72,62022.7% · 8,666 docs+Meta & navigation45,93614.4% · 9,739 docs+Recommend & act67,04121.0% · 9,324 docs+Cases & evidence31,2569.8% · 6,067 docs+Frameworks2,1230.7% · 1,232 docs+Appendix35,68211.2% · 6,614 docs+Other21,5496.7% · 5,566 docs

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Slide collection

134,521-134,580 of 319,975

filter-aware
107
The slide uses a third-party data source (ITG) to validate the claim of price erosion on secondary markets.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
108
The slide uses a third-party data source (ITG) to validate the claim of price erosion on secondary markets.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
109
The slide uses a bar chart to show that the eBay price is nearly identical to the retail price, supporting the thesis that these products are commodities.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
110
The slide uses a contrast-based argument to undermine the company's stated retail profit claims.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
111
The slide uses a stacked bar visual to decompose the 73% payout into specific components, contrasting them with the $1.8 billion retail profit figure.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
112
Uses a 3-circle Venn diagram to categorize distributor behavior.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
113
Herbalife, Ltd. (HLF)Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
114
Uses a direct quote from an 8-K filing to expose a lack of transparency or operational oversight.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
115
The slide uses a Venn diagram to highlight a logical gap in the company's business model reporting.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
116
The slide uses highlighting and underlining to draw attention to specific claims made by the CFO regarding the FTC's stance on self-consumption.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
117
Uses FTC source material to undermine the subject company's business model defense.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
118
Uses a visual flow to show how retail customer spending is distributed across various levels, contradicting the 'single-level' classification.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
119
This slide is part of a series exposing Herbalife's business model by contrasting their lack of transparency with their own internal claims.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
120
This is a classic 'expose contradiction' slide used in activist short-selling presentations to undermine the value proposition of a multi-level marketing company.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
121
The slide uses a quote to set up a contradiction, likely to be debunked in subsequent slides.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
122
The slide uses a comparison frame to expose the contradiction between Herbalife's claims and the reality of their distributor churn.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
123
The slide uses a quote to frame the company's defense against potential pyramid scheme allegations.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
124
The slide outlines internal company policy requirements for distributor qualification.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
125
The slide uses a callout box for the final point to emphasize the core contradiction regarding the 70% volume rule.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
126
The slide uses a red dashed box to highlight the specific clause that allows internal sales to count as retail customers.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
127
The slide uses a legal deposition transcript to undermine the company's credibility regarding compliance enforcement.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
128
The slide uses a legal deposition as evidence to support the claim of lax enforcement.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
129
The slide uses a callout box for the final point to emphasize the 30% assumption.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
130
The slide uses a visual breakdown of payout components to argue that retail profit should not be conflated with wholesale commissions.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
131
Herbalife, Ltd. (HLF)Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
132
Uses a side-by-side comparison to highlight a discrepancy in revenue recognition.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
133
Uses a before-after comparison to expose accounting manipulation.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
134
The slide uses a visual bridge (dashed arrow) to connect the 'Royalty Overrides' in the P&L table to the 'Royalty Overrides' component in the distributor payout stack.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
135
The slide uses a visual flow to contrast the total retail price with the fragmented commission structure.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
136
The slide uses a flow diagram to show money moving from a retail customer through various distributor levels, challenging the company's accounting classification.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
137
The slide highlights accounting practices in the MLM industry to support a broader argument about revenue recognition.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
138
Uses legal citations to challenge the company's classification of distributors as customers.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
139
The slide uses a bottom-up estimation approach to fill a disclosure gap in SEC filings.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
140
The slide uses a stacked bar visual to represent the composition of distributor payouts.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
141
The slide uses a visual mapping of P&L line items to demonstrate that 'Recruiting Profit' is a significant portion of the business model.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
142
The slide uses a visual 'lockstep' argument to imply accounting manipulation.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
143
The slide uses a waterfall-style diagram to break down revenue and expenses, with a specific callout to potential savings.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
144
The slide uses a direct quote to highlight the company's classification of expenses.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
145
Uses a screenshot of a Herbalife promotional slide to illustrate the point.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
146
Uses a 54% distributor-facing expense ratio and a 50% recruiting reward ratio to arrive at $291mm.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
147
Uses a 'Reality vs Representation' framework to expose the discrepancy in distributor earnings.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
148
Uses a before-after framing to expose the discrepancy between company claims and actual financial outcomes.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
149
The chart uses arrows to indicate the direction of change for specific components across the business model.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
150
The slide uses a quote from an FTC economist to frame the subsequent data comparison.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor Beat · Expose ContradictionLoop · Logic Chain1 hit
151
The slide appears to be a placeholder or a visual break in the deck, featuring the company logo with a manual annotation.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
152
This is a classic 'villain critique' slide in an activist deck, framing the business model as inherently predatory.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
153
Herbalife, Ltd. (HLF)Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
154
This slide serves as a core argument or 'thesis' slide in an activist presentation.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
155
Uses a 'would you rather' framing to expose the inherent flaws of the business model.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
156
This appears to be a transition or filler slide featuring the company logo.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
157
Herbalife, Ltd. (HLF)Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
158
The slide uses a legal precedent to simplify a complex regulatory test into a single, actionable question.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
159
The slide uses a direct quote from a legal declaration to frame the business model as a pyramid scheme.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
160
The slide frames the compensation structure as a mechanism that forces distributors to purchase products to qualify for earnings.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
161
The slide uses a diagram to show the flow of volume and the resulting percentages, highlighting the multi-level nature of the compensation plan.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
162
The slide highlights the 'pay-to-play' nature of the compensation structure.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
163
Part of a series of slides critiquing Herbalife's business model as a pyramid scheme.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
164
The slide uses a specific legal precedent to frame a broader critique of the company's compensation model.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
165
The slide uses annotations to highlight specific volume plateaus (5,000, 3,000, 2,500) to argue against organic retail demand.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit
166
The slide highlights the tiered structure of volume requirements to unlock higher royalty point percentages.Herbalife, Ltd. (HLF) · William Ackman
Activist deck Activist investor 1 hit