Is Carl Icahn a better investor than Warren Buffett?
Is that even possible? If you’ve never heard of Icahn, you’re not alone. Well known in the world of finance but relatively unfamiliar to individuals, Icahn is arguably one of the great value investors of all time. And, lucky for the rest of us, investors can piggyback on his profitable investments by mimicking his moves, or simply by buying shares of Icahn Enterprises.
Giants…
To wannabe investors who think they can’t do it, just keep saying “Yes, Icahn.”
Today in gaining support: The “Robin Hood tax” on financial transactions to big banks. Take from the rich and give to the poor. Think it’s a good idea? Think it’d actually prove beneficial?
See? Wall Street could totally take part in Occupy Wall Street at the rate things are going! (via Percolate)
Will The Dow fall below 10,000?
Here was this guy, who was responsible for all these people, getting drunk in front of senior people and saying this to a waitress who many of us knew. I have never seen anything like it.An anonymity-hidden former Tribune executive • Describing a scene where a top Tribune Corp. exec offered a waitress $100 to show him her breasts. If that doesn’t underline the frat-boy atmosphere of the company, we don’t know else would. The company, currently comprised of a bunch of former radio execs, was run into the ground thanks to Sam Zell, who leveraged relatively little of his own money to pay for the sale, but many of his employees’ pensions. Zell no longer has a day-to-day role in the company, which has somehow managed to wear its lack of respect for journalism as a badge of honor, one that shows itself with every layoff, with every questionable advertising decision (looking at you, L.A. Times) and with every disgusting detail of this New York Times story that we’re linking to right here. source (via)
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