Some Really Smart Investors Are Going Long Herbalife

Herbalife Ltd. (NYSE:HLF) is one of the most talked about stocks at the moment, but for all of the wrong reasons. Bill Ackman is on a Herbalife killing spree. Whitney Tilson said the analysis Ackman did on the company was the best he'd ever seen. And the firm's stock has fallen by almost 40% in the last month.

One of the most dangerous atmospheres, in economic terms, is when you look around and everybody is agreeing with you. There appears to be very little dissent regarding Ackman's opinion on Herbalife Ltd. (NYSE:HLF) (FRA:HOO), and...