On 1 December, 2016, I learned that an assertion I'd published at least three times on Seeking Alpha fora was in fact misleading per definitions (http://seekingalpha.com/article/4025405-bringing-herbalife-can-media-prevail-ftc-failed#comment-73736844). I'm an outspoken opponent of an 'industry" (MLM) which exploits the public, participants and investors in virtually every civilized nation through an unfair and DECEPTIVE business model. The deceptions begin with relatively small deceptions, often based on inaccurate definitions, which ultimately burgeon into a Main Street fraud which illegally separated at least 16 million Americans from an aggregate $18 Billion in 2014 in pursuit of "business opportunities" which simply don't exist.
If I allow myself to skate on that misleading assertion, I'm no better than the fraudulent "industry" I oppose.
Therefore, I'm suspending my forum commentary until I've found a way to make amends and restore the personal credibility I lost as a consequence of my own poor judgment. If you haven't puked yet and care to read on, here's my bio:
I've been both a social-justice activist and iconoclast for most of my adult life. Since 2012, I've been a proud MLM-described "(illusory) dream stealer" and "loser", as well as a card-carrying fraud "hater". I'm nothing less and claim nothing more.
My current focus is on the consumer abuses endemic in MLM. I'm also an uncompensated member of the entirely self-funded International Coalition of Consumer Advocates (ICCA) and its steering committee.
I earned a BSBA at the University of Colorado in 1983 where I also studied philosophy and logic. I consider having no more advanced or current credentials a handicap. Nonetheless the formal education I do have gives me a foundation for my business analyses. I spent eight-and-a-half years observing four MLMs up close through family members. I also served in administrative support capacities for one of them. While I regret that history, it afforded me insight and understanding that is useful in my MLM analyses. I'm also retired after a twenty-five year EMT/paramedic career and a nine-year overlapping career in EMS education.
My only connection to investment markets is passive, through my pension fund. I'm here because SA's Herbalife-related articles and fora have essentially become central to the ongoing public debate vis-à-vis MLM.