World's 3rd Richest Hedge Fund Manager Loses $10 Billion On "Ponzi" Accusations

Рет қаралды 149,619

Күн бұрын

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In this video, we dive deep into the events surrounding Carl Icahn's estimated $3 billion stock market loss on May 2nd, 2023, following allegations from Hindenburg of a 'Ponzi-like' scheme. A titan of Wall Street, Icahn has built his reputation on decades of successful activist investing. Yet, the stock of his investment company, Icahn Enterprises L.P., plummeted over 35% in just two days post the damning Hindenburg report. We also delve into the ramifications of this event, which saw Icahn's net worth take a staggering hit. How did one of Wall Street's most revered figures fall from grace so swiftly? And were his accolades built on shaky foundations? We'll answer all these questions and more, as we dissect the specifics behind Hindenburg's claims. Stay tuned as we shed light on the dramatic fall of a Wall Street titan.
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0:00 - 3:10 Intro
3:11 - 5:40 Icahn investing history
5:41 - 10:05 Hindenburg allegations
10:06 - 12:18 More allegations
12:19 - 13:14 What is all means
13:15 Conclusion

Пікірлер: 336

@wallstreetmillennial Жыл бұрын

Download Gainy now to experience the benefits of TTFs: go.gainy.app/ZOFw/wallstmillennial

@st24b Жыл бұрын

You just rightly finished your video with „nobody is above the market“ - this ad is contrary to exactly that…

@ray-mc-l Жыл бұрын

ever thought about just putting your research from videos into a paid substack newsletter? might be an easier way to monetize/have reliable recurring income

@williamferry739 9 ай бұрын

@@ray-mc-l900

@StephenGillie 7 ай бұрын

Icahn't

@dancahill9585 Жыл бұрын

Considering Icahn has been destroying Publicly traded companies for his personal profit for decades, it couldn't happen to a better person. He has been destroying companies and careers for almost a half century. It wouldn't bother me in the slightest if he is left bankrupt and it destroys his health.

@samsonsoturian6013 Жыл бұрын

Liquidating. Not necessarily destroying.

@vincentorlando6767 Жыл бұрын

The corporate raiders(Icahn) who use Leverage buyouts(LBO's), loading debt onto firms, selling off parts, sending them into bankruptcy in most cases. They changed their names currently to Private equity groups and some venture capital firms. It's designed to enrich themselves, at expense to everyone else, except insiders, sometimes shareholders.

@jeffshackleford3152 Жыл бұрын

@@vincentorlando6767 LBOs were one of the worst ideas ever allowed to exist.

@DipayanPyne94 Жыл бұрын

It's not just LBOs, guys. It's the idea of allowing private companies to do whatever they want. Deregulation ! Duh !!

@SteveAaroe Жыл бұрын

All of the elites will be stripped of their wealth and destroyed. This is only the beginning. Their plans are back-firing in their faces.

@alezacrespublik6655 Жыл бұрын

He's a Corporate Raider, no tears lost on him

@anthonytripp2251 Жыл бұрын

Hindenburg is right. Not the first time they've called shenanigans. Markopolis was the first to call out Madoff but nobody listened

@wtf_usa5597 Жыл бұрын

It's amazing that a private company (Hindenberg) has to literally do the work the SEC is supposed to be doing. 😖

@YoungMoneyInvestments Жыл бұрын

Hindenburg is financially incentivized, the SEC isn’t. Great example of how capitalism is a greater motivating force to get things done than love for one’s country.

@Theiliteritesbian Жыл бұрын

Thats just how exchanges have always worked - hedge funds don't short stocks on a whim - they do their research and find out who is full of it or cheating. Without short sellers every stock would go up all the time without exception.

@nomanejane5766 11 ай бұрын

@@YoungMoneyInvestmentsthe rich lobby politicians to defunf the SEC and the IRS, so they can't get caught committing financial crimes

@lug.5329 10 ай бұрын

@@YoungMoneyInvestments , or the government of the US in terms of finance policing is just inept.

@SC-bs7jd 10 ай бұрын

How hard is it to do a few favors for senior SEC employees? What do you want? ;)

@thomaslgregoryjr Жыл бұрын

Icahn’t believe he’s been allowed to manage his investment firm in such a dubious way

@jeffshackleford3152 Жыл бұрын

Icahn believe it was allowed to happen.

@forsttco7712 Жыл бұрын

I see what you did there

@ruthc8407 10 ай бұрын

Hardie Har Har!!!!

@ohyeahwhat5387 Жыл бұрын

Icahn is a green mailer, a raider, nothing more. Activist investor is an oxymoron for what he does.

@YasirKhalid1 Жыл бұрын

That's just branding due to his influence in the markets n media. People like him give a bad rep to real activist investors

@tonycodolo Жыл бұрын

This could not happen to a more deserving man, I hope he looses every cent he had.

@AyuNeko Жыл бұрын

he will still exit with millions and live comfortably till he dies....

@confusedzentradi Жыл бұрын

It’s lose not loose. Loose lips sink ships. You lose money in the stock market.

@tonycodolo Жыл бұрын

@@confusedzentradi Thank you for the correction,

@lombardo141 Жыл бұрын

I have said this many times. To be a multi millionaire or a billionaire it’s impossible to get there being on the straight and narrow. You have to lie, steal ,cheat and hope you don’t get caught to be at the top. The sooner you realize this the better off you will be in whatever your current situation is.

@DipayanPyne94 Жыл бұрын

Exactly. Most people do not have any idea that one only becomes a centi millionaire or billionaire because of policy or inherited wealth or both.

@CarFreeSegnitz Жыл бұрын

“Behind every great fortune is a great crime” : Honoré de Balzac.

@DipayanPyne94 Жыл бұрын

@@CarFreeSegnitz Yup.

@marilynlucas5128 Жыл бұрын

Man, I knew it. That's what they all do. None of them can fool me with the guise of philanthropy they try to pull over people's eyes.

@o__sama Жыл бұрын

Just because you can't become one, doesn't mean everyone who did it cheated. It is pathetic to think that.

@AlanTheBeast100 Жыл бұрын

This isn't so much a "Ponzi scheme" as, if the allegations prove true, an "Icahn scheme". It astounds me that nobody else picked up on the leverage due to valuation based on a mere 15% of shareholders. Why would any sane bank give him that much margin? Just the name "Icahn" I guess ...

@CarFreeSegnitz Жыл бұрын

Old boys club. Almost certainly Icahn was golfing with more than a few banking execs.

@sn5301679 Жыл бұрын

Rename to Ichan't

@kondor99999 Жыл бұрын

I hate this guy. All he knows how to do is buy companies with borrowed money, then strip-mine the company for all its assets before parachuting out with a percentage of the proceeds. He’s never created *anything*.

@azizkash286 Жыл бұрын

Why would anybody invest in a company that offers a 15% dividend in the first place.

@withoutatrace52 Жыл бұрын

Greed, lack of experience, and/or lack of DD

@OffGridInvestor Жыл бұрын

Carl DESERVES TO go broke if you've heard from employees of companies how he's gutted them out to be left with the only new employees being drug addicts and people in bad circumstances who desperately needed ANY job. They get a valuation boost but ARE RUINED in terms of having a reasonable job there and the customers having the job done properly. That's what happened to pep boys. And likely all the others

@joeyjo-jojuniorshabadoo6827 Жыл бұрын

Activist? The TWA story makes him seem like a parasite that eventually killed its host.

@mandelbro777 Жыл бұрын

Parasite indeed. The parasite business plan is a pretty popular one in New York.

@TheRealJellyBomb Жыл бұрын

No, activist investor.

@999NINE99 Жыл бұрын

I think that billionaires worry everyday that they will never repeat their initial success. This ultimately drives them into a bankruptcy through a series of poorly executed ideas.

@bmeht Жыл бұрын

Basically every tech bro turned billionaire story, too. Cough zuck cough.

@999NINE99 Жыл бұрын

@@bmeht Couldn't agree more.

@3m5r56 Жыл бұрын

They never learn to live within their means. Even if your means are in tens of millions.

@richmorten Жыл бұрын

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

@julienwater Жыл бұрын

Find a way to take advantage of the current market condition, it seems that we are moving in the same direction as Venezuela and that will not be good for anyone.

@laurabruce-op1xx Жыл бұрын

You will need a strong FA to help you through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

@laurabruce-op1xx Жыл бұрын

@@KevinEvans-mq4ob ELISE MARIE TERRY is my financial advisor. She was featured in a CNBC interview, where I discovered her, and I contacted her later. Since then, she has given me entry and exit points for the stocks I am interested in. If you want to make a fast online search using her name, feel free. I essentially follow her market decisions and haven't felt bad about it.

@lindsayross-pt3jv Жыл бұрын

She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

@cameronhoglan Жыл бұрын

These bot comments just keep getting more and more advanced lmao

@kozmaz87 Жыл бұрын

I personally do not like these billionaire origin fables. How it is from rags to riches and how it was all ingenuity... in most cases people get lucky and/or unscrupulous. For instance: increasing shareholder value is almost always at the expense of the company's products and screwing over its customers. Forced obsolescence/unrepairability/infuriating lack of support/reduced service/legal shenanigans/patent trolling/etc. all increase shareholder value.

@aritragupta4182 Жыл бұрын

This...does bring a smile to my face 😊

@av_oid Жыл бұрын

I’m sure it brings Bill Ackman an even bigger smile.

@aritragupta4182 Жыл бұрын

@@av_oid I share that with him. That's how I came to know about Carl Icahn - while reading about Herbalife.

@jimjackson4256 Жыл бұрын

Why isn’t the SEC finding these things? That is what they are getting paid isn’t it?

@graymars1097 Жыл бұрын

Hindenburg is gaining some serious trust points. I dont think anyone in his or her right mind would do anything to jeopardize that Also, Hindenburg itself is basically a stock trader which makes me think: what they know that we dont know, that they haven't shared with us yet Even if Icahn doesn't actively operate a Ponzi scheme, his "money management" styles/methods could resemble one, even if it's temporary! Lets not forget this is a corporate raider, not a trader! I wouldn't be shocked if we see that he did this. Just because you can dismantle a company and/or turn it around, doesn't mean you're gonna be a good fund manager 😅

@jeffshackleford3152 Жыл бұрын

I imagine Hindenburg has positioned themselves long before they release any report. Meaning that they are either accelerating the inevitable decline or they need to cash some of their position out, so they at least put a short term wiggle in the stock to take profits in and then keep their wider position in place. Either way, they probably don't know much more than we do, they see an anomaly in the 10K and then do work to verify it. I think if one of us had the ability to do this, we could easily repeat what they are doing.

@ruthc8407 10 ай бұрын

I had a good friend who worked for TWA for many years. According to her their pensions were swallowed up in the sale to Icahn as well.

@Aziz__0 Жыл бұрын

According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

@corrySledd Жыл бұрын

Currently, my primary worry is how to increase revenue during periods of quantitative easing. I cannot afford to witness my savings dwindle away.

@sherryie2 Жыл бұрын

@@corrySledd My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.

@McElvinn Жыл бұрын

@@sherryie2 This is exactly how i wish to get my finances coordinated ahead or retirement. Can I get access to your advisor?

@sherryie2 Жыл бұрын

@@McElvinn credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up.

@McElvinn Жыл бұрын

@@sherryie2 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

@jimmyyu2184 Жыл бұрын

"No one is above the Market." Reminds me of John Wick, "No one is above the Table/High Council". LOL.

@dleer_defi Жыл бұрын

This was an incredible breakdown!

@MatthewMS. 29 күн бұрын

I’m just gonna binge watch this entire channel, I can’t help it. I love all of these stories, so interesting and scandalous

@bradb.8594 Жыл бұрын

Pure stock price manipulation by hedge funds. Icahn owns 85% of the outstanding shares. If the 15% of the remaining shares sold, how does 15% tank the stock price over 50%. Wut?

@johnl8428 Жыл бұрын

The 15% sold off with no buyers, unless icahn supports the price by buying everything, price will fall

@artmaltman Жыл бұрын

Excellent and clear analysis.

@BANNEDFundedTrader Жыл бұрын

Absolutely love your videos man

@newsystem3667 Жыл бұрын

He is 87 years old, so even if he is found guilty he already had all the fun

@crinklecut3790 Жыл бұрын

Prosecution now is just a question of who’s gonna pay the nurse who wipes his ass until he checks out. Hopefully not the taxpayers .

@brunon44 Жыл бұрын

There won't be as much for his heirs after all this.

@robertharvel6482 10 ай бұрын

I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering. Any recommendations?

@lucyAngletont 10 ай бұрын

Cryptocurrency crashed the last couple years, so it should be starting a new run to a new high.

@RandyPelletier 10 ай бұрын

I grew to a 7 figure well-diversified portfolio. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to Trisha Jean Webb my F.A... she is super helpful to a lot of beginners out there.

@robertharvel6482 10 ай бұрын

@@RandyPelletier Searched for your FA , she has a pretty decent bio, I wrote her and I'm waiting on her reply.

@alpark3024 10 ай бұрын

scammer

@alpark3024 10 ай бұрын

@@RandyPelletier scammer

@jerryware1970 Жыл бұрын

Investing like life is where you could have a 99.9% winning percentage and still lose.

@001sander2 Жыл бұрын

Excellent breakdown ❤

@sidl834 Жыл бұрын

Thank you very much.

@jadeswormfarm Жыл бұрын

Love your content. It's like im entering a parallel dimension. Mind blown 😳😲

@Marva123 Жыл бұрын

Just from what he did to TWA, I hope he loses his money, its called Karma coming back around.

@buffalodiesel1809 Жыл бұрын

Nice to hear......... hope the FEDs win.

@reecer5469 Жыл бұрын

Why would you do this at 87 with a net worth of Billions? This is outwards symptoms of some serious internal issues.

@darksidebluez5966 Жыл бұрын

exactly. Quit while you are ahead.

@snooganslestat2030 Жыл бұрын

Greed

@Crypto_Circus Жыл бұрын

He wasn't 87 when he started his failed short position 7 years ago. One last gamble that backfired.

@aliciadavis8872 Жыл бұрын

Exactly

@ProfAzimov 2 ай бұрын

@@Crypto_Circus He was 80

@babyelephant4103 Жыл бұрын

Corporate raiding and trading speculative assets are completely different businesses. Seems to me like he made the switch with too much size to walk back.

@WillieCWoody Жыл бұрын

Yeup... I think the company should be considered a ponzy scheme, @ least until I get my money back from the Puts I bought on IEP. Then.., it won't really matter, but I do wish the old guy all the best.., unless he's guilty of course. And another thing... I just discovered you on KZfaq, and I gotta say that your channel is something that I've been looking for for a while now. Such informative channels are very difficult to find. THANK YOU...

@N1WP Жыл бұрын

Thats what happens when you're leveraged up.

@garysimpson1486 Жыл бұрын

You should never borrow. You should Drs never sell or in the hands of brokers

@michaelswami Жыл бұрын

In addition to the unusual financial scheme to pay dividends, investors get diluted because Icahn owns more and more of the company through the stock dividend.

@bradb.8594 Жыл бұрын

How can a public stock be a ponzi scheme? You can get your money out at any time...🤔

@LARPing_Services_LLC Жыл бұрын

That's what the juicy dividends are for. Too keep the suckers in. But I agree that this scumbaggery isn't strictly a Ponzi; as it seems more "sophisticated" than the average shadiness. It may end up going down in history as an "Ichan scheme"

@biometal770 Жыл бұрын

Did you watch the video?

@septimiusseverus1154 Жыл бұрын

@9:41

@bradb.8594 Жыл бұрын

One of the key components of a ponzi scheme is you're unable to withdraw all your money at one time. You're stuck. When it collapses, you can't get out. IEP is a public stock. You can sell at anytime. Raising capital and paying dividends isn't a ponzi scheme. If Icahn borrowed from a bank and paid dividends, would that be a ponzi scheme? It might not be smart but it's definitely not a ponzi scheme. Words have meanings. Call it disingenuous or a fraud if you want, but saying something is "ponzi-like" is just trying to smear a reputation. Hindenburg is not the good guy here. They just want to manipulate to make money. No different than everyone else in Wallstreet.

@LARPing_Services_LLC Жыл бұрын

@@bradb.8594 That's why Hindenburg called it "Ponzi-like".

@3m5r56 Жыл бұрын

What goes around. Finally comes around. When this scandal is over. If he does not get jail and pays some billion dollar fines. There will be plenty of bankers to back his next target.

@joedennehy386 Жыл бұрын

Scandalous, are they all crooks?

@clarklex3982 Жыл бұрын

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you...prevent inflation

@pikachus5m166 Жыл бұрын

The fraud is in the name, I CON.

@timog7358 Жыл бұрын

what goes around comes around

@GradyBaby13 Жыл бұрын

It's all in the name : I Con

@randoir1863 Жыл бұрын

In short , he's finally been caught doing shady shit that he's been doing all along and he's not as smart as he wants you to believe he is .

@ciro8861 Жыл бұрын

are we supposed to take the feds involvement seriously? the same feds who regulated madoff?

@Otodat83 9 ай бұрын

Now he's down to only $2 billion. What the hell is he ever going to do now?

@skyflower7 Жыл бұрын

"if you want a friend at wall street get a dog " - carl ichan "You better use one of your dog friends" -bill ackman 🤣

@bolsa3136 Жыл бұрын

Respectable? Lol the guy is the inspiration for Gordon Gecko...

@dosgos Жыл бұрын

Many private equity funds aimed for 85% debt and 15% equity (ratios varied over the years). One might ask if Ichan just was running a similar program via a 15% public (perpetual) equity program. But Ichan is not a bank lender but rather has an odd intermediary position which I am not following. This one is interesting and merits a part 2 IMHO.

@zdrux Жыл бұрын

man.. what a fall it must be from being a billionaire down to running a ponzi to lift yourself out of your losses.

@wachamakolit1 Жыл бұрын

No such thing as "true wealth and real rich person"....too good to be true, regardless!

@momentumstocks3493 2 ай бұрын

So he trades O.P.M., His own money, has a public traded company listed on the stock market which he owns 85% of the stock. Wow......when is enough enough?

@TheRealJellyBomb Жыл бұрын

I was actually invested in IEP, full well being able to read that it was not a Ponzi scheme per se, but a structure created to inflate the paper wealth of a narcissist. I'm actually befuddled by the market's reaction to these accusations - I mean, it was clear as day. I thought everyone was able to read and put two and two together to make four. The market always surprises 😂 So much dumb.

@NotKimiRaikkonen Жыл бұрын

The markets not reacting to 'inflating his paper wealth', but to using incoming investments to pay out dividends.

@Johansorell Жыл бұрын

Do you have any more stock market insights worth billions?

@NotKimiRaikkonen Жыл бұрын

@@Johansorell IEP gained 35% between 2012-2022. Not exactly going to make billions, unless you started out with billions.

@TheRealJellyBomb Жыл бұрын

Some times I wonder if the average KZfaq user has ever actually learned how to read 🤔

@Johansorell Жыл бұрын

@@NotKimiRaikkonen sorry, replace "billions" with the actual amount Hindenburg Research made from shorting the stock ;)

@momentumstocks3493 2 ай бұрын

It does seem 99% of billionaires are in some way "unethical" at the very least.

@graydonforbes-barrett2757 Жыл бұрын

I would have added the detail that the 85% of stock Icahn takes dividends as shares results in huge dilution, NAV per share is a third of what it was 8 years ago.

@GeorgeAtkin-pz7rl Жыл бұрын

I find this amusing when you look at the American national debt - pot/kettle black sound familiar?

@ebx100 Жыл бұрын

And some politicians suggest ordinary people put their retirement funds in this garbage?

@TheRealJellyBomb Жыл бұрын

They did? Who?

@varunkryadav Жыл бұрын

"No one is above the market".....aaaaah...there is the Chinese shop! The dim sums are soooooo good!

@johnfarmind5267 Жыл бұрын

Now I cant get TTF out of my head

@simplemechanics246 Жыл бұрын

All these financial thing should be banned!!! The financial system should base only the real economy and nobody should not able to leverage the system and play with money!!! If they want to play, they should go casino. The short selling should be banned, because it does not serve the economy purpose at all!!! Too much garbage on the system, all that need to be cleaned out!!! There goes massive amount greedy fat people to jail on wall street...they are deserved all that

@cellocase7148 Жыл бұрын

Best channel on KZfaq

@ashtontyler3774 Жыл бұрын

Karma is a B!!!! Thank you Hindenburg!!

@mikeh.1130 Жыл бұрын

I'm taking Icahn's side. Makes me wonder how much money Hindenburg has at stake.

@LIONTAMER3D Жыл бұрын

Who TF gets accused of running a ponzi scheme that's NOT running a ponzi scheme?! =/

@isbestlizard Жыл бұрын

He looks exactly like the evil corp CEO from mr robot o.o

@tonydevos Жыл бұрын

Hopefully Hindenburg will take on Musk

@psoltan Жыл бұрын

Musk has a fanbase because he does cool things. They ignore things like P/E. His problem is that he says things, publicly, he shouldn't. Hindenburg doesn't have to do anything except short Musk stock and wait for him to shoot himself in the foot.

@VibronicCow Жыл бұрын

I think the only sure bet rn is following Hindenberg reports. Some big names now & Adani

@jeffw8218 3 ай бұрын

Interestingly, I owned shares of this stock a while ago due to the dividend, but then got out because it didn’t make any sense and I thought something f*cky was going on. Turns out, I should’ve done more research and shorted the stock 🤷‍♂️

@boshk4054 Жыл бұрын

gee,.. thats too bad...

@profdg7945 Жыл бұрын

Shenanigans aside, a short seller writes a negative article and gets what they want in the form of a price decline. Icahn might be dirty, but the short seller manipulated the price of the stock for their own benefit.

@vmprotrader7336 Жыл бұрын

Can you do a report on NEXCF? I think it's suspicious

@scum-scum Жыл бұрын

I think Hindenburg is slowly becoming its own niche sort of scam, but as long as they keep going after bigger scams, i suppose that's fine. :D

@withoutatrace52 Жыл бұрын

Have they been wrong yet?

@mattolivier1835 Жыл бұрын

Haha! I love it! Burn baby burn! Keep it up son! BOOOOM!!!!!! Hahahaha. Going doooooooown! Kapow!

@FizzleFX 8 ай бұрын

Hindenburg is a saint. At least THEY take some effort and walk a mile to get behind the scams. Yes, they get money out of it, but so try others without lifting a hand!

@theplanebrain Жыл бұрын

A cash dividend is a cash dividend. Just because Icahn takes his payment in stock doesn’t mean the cash doesn’t exist on paper. Edit: well I guess if you control the company completely and are willing to be fraudulent you can. You take the dividend in shares and then sell those shares for profit. If that’s the case…..yikes

@bobz1736 7 ай бұрын

The answer to most such questions is... LUCK and GREED !

@BA-gn3qb Жыл бұрын

Everyone has a plan, until they get punched in the face. - Mike Tyson

@djpuplex Жыл бұрын

So how is Hindenburg shorting IEP if only 15% of the stock is free float? IEP could also just cut the dividend. Couldn't Icahn do a reverse squeeze.

@jeffshackleford3152 Жыл бұрын

Unlikely, the thing with fundamentally dubious companies is they rapidly decline once that is realized. Plus I would imagine that Hindenburg does not put themselves out of position, meaning that they likely have very good risk management. That is one of the major components missing from a lot of these short bias funds, they have poor risk management.

@crashwangdoodle Жыл бұрын

If they cut the dividend, wouldn't all the other retail invests currently holding Icahn drop the bag?

@jeffshackleford3152 Жыл бұрын

@@crashwangdoodle I would say likely, because there really is no reason to hold it anymore. You would also make demand go down because even people hoping to scoop it up cheap will be put off.

@djpuplex Жыл бұрын

@@tripplefives1402 Right but if he had a friend (that a stretch) who'd start buying or even buy some shares he trickles out he could potentially crush those shorts.

@jeffshackleford3152 Жыл бұрын

@@djpuplex with free float being several million shares with a volume of 500k, you would only be able to buy maybe 10k shares per day.

@chris0000924 Жыл бұрын

Markers can remain irrational longer than you cak remain insolvent

@nicklovell8148 Жыл бұрын

The HINDENBURG report... really you can’t make this stuff up... crash and burn baby crash and burn! It almost seems like Icahn has had his card marked.

@turkrane12 Жыл бұрын

If you stay in the market long enough you get your butt kicked.

@paulblack8887 8 ай бұрын

Never built a damn thing, just a destroyer of going concerns to feast on the entrails

@georgiebestmanutd4746 Жыл бұрын

Icahn won a shoot out on Herbalife against Pershing Square's Bill Ackman. Even Icahn can't escape John Maynard Keynes' mantra: markets will remain irrational longer than the investor can remain liquid 2 meet margin call

@vsonic86 Жыл бұрын

That is true? Heard he still has a lot of money.

@investor.z 10 ай бұрын

Lmao rags to riches. His family was well off. In 1968 he got from his uncle just a small loan of $400,000.00 or $3,507,000.00 in todays dollars to start his fund. Yeah truly rags to riches. Just a small loan of a few million from family.

@AfricanCryptoWarlord Жыл бұрын

"Another one" - Dj Khaled

@Brainiac469 Жыл бұрын

😂😂😂

@iceman4660 Жыл бұрын

Never catch a falling knife

@charlessavoie2367 Жыл бұрын

He is not a Crown loyalist Episcopalian, therefore susceptible to Pilgrims Society members looting him.

@emsafdari8336 Жыл бұрын

Love of money is the Root of all evil.

@srreventon Жыл бұрын

He ruined airline employees retirement... he is what the movie WALL STREET greed is good tona certain extent.. glad to see him loose some billions

@jedwards1792 Жыл бұрын

Ah, gee. It couldn’t have happened to a more deserving person.

@LegendaryBoh Жыл бұрын

thats like a shitcoin w devs holding 85% of the supply

@marcdenton2996 Жыл бұрын

Maybe they should have followed Warren Buffet & Charlie Munger? There basic rule of life is be honest, moral, ethical.

@Handle1969 11 ай бұрын

I would like “Millennial” to do a whopping story on how bad/good Icahn did to America itself! Honestly, making “money” work better is good, right? Killing good stuff like jobs is bad. So how did we, er, “the people” make out over the last 50 years … including the Middle people, and the Little people.