Sunday, March 13, 2011

Thoughts from a legendary investor - Carl Icahn

Given that global markets have been rough for the past several weeks, consider the words of Carl Icahn as he returned money to investors this past week "While we are not forecasting another market dislocation, this possibility cannot be dismissed. Given the rapid market run-up over the past two years and our ongoing concerns about the economic outlook, and recent political tensions in the Middle East, I do not wish to be responsible to limited partners through another possible market crisis."

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