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Both Bill Ackman and Herbalife are declaring victory after the nutrition The Real Winners and Losers in the Herbalife-Bill Ackman War.

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As Bill Ackman, Dan Loeb and Carl Icahn do battle over Herbalife Ltd., it is impossible to predict which hedge-fund manager has bet correctly.

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Global outlook: As Herbalife strenuously denied the allegations of stage, there is no right and no wrong – there are only winners and losers.

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It's been a long three years, but I now believe FTC action is imminent and will happen within weeks. I lay out my case for why this is and also.

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Bill Ackman has had more winners than losers in his career, but for now Herbalife is a squarely in the loser category.

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Despite wins, Herbalife profit eludes Ackman including billionaire Carl Icahn, sided with the company while blasting Ackman as a loser and a crybaby. Since then, however, Ackman has been on a winning streak.

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Bill Ackman's $1 Billion Herbalife Short Is Pershing Square's Worst Bet Ever who believe in Herbalife and our industry-leading products have been big winners, and his investors at Pershing Square have been big losers.