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“He owns $25 billion worth of stock… Does that really look like a guy who hates the stock market?”
In today’s 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari exposes an important double standard behind today’s scary market headlines.
Billionaire investor Carl Icahn just announced “a day of reckoning is coming” for stocks. He’s holding record short positions. But as Teeka points out, Icahn’s words and deeds are two different things…
Icahn still owns $25 billion in equities. There’s an important reason Icahn still maintains substantial stock exposure… just as we do in The Palm Beach Letter: “Timing the market” is a fool’s game. Click here to hear Big T’s cogent analysis.
(Afterwards, click here to review the Palm Beach Three-Legged Stool of Safety. It’s the only safe way to stay invested in the markets today…)