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I agree with you. Especially considering that Carl Icahn has such an excellent track record of building great companies in which he has invested for long term.
by product50 13y ago
I agree with you. Especially considering that Carl Icahn has such an excellent track record of building great companies in which he has invested for long term.
Just read about Carl Icahn first before commenting.
- IBM 13y agoSure, the business he's built is an incredibly successful fund. From IEP's quarterly results: >An investment in IEP stock made at the beginning of 2000 has increased by approximately 1,500%, or an average annual return of 22%, through October 31, 2013. But perhaps more compelling is that since April 1, 2009, when the economic recovery started: 1) an investment in IEP stock resulted in a total return of 347%, or an average annual return of 39%, through October 31, 2013, and 2) IEP’s indicative net asset value has increased during this period by 282%, or an average annual return of 35%, through September 30, 2013. Or is that not a real business in your eyes?