Carl Icahn - Truenewj

Carl Icahn once fired 12 floors of people at once because he couldn’t ‘understand what the hell they do’

amefika3 months ago04 mins

Legendary investor Carl Icahn He once walked through a company he had just taken over and tried to understand what entire departments actually did, but he couldn’t figure it out. Then he dismissed them all at once. The founder and majority shareholder of Icahn Enterprises (NASDAQ:IEP) used the story to explain how deeply inefficient some…

Legendary investor Carl Icahn is betting big on Monro stock. Should I buy MNRO here?

amefika7 months ago02 mins

Monro (MNRO) stock closed more than 15% higher on Nov. 5 after legendary activist investor Carl Icahn increased his stake in the automotive services company by another $9.7 million. Icahn now owns approximately 4.4 million shares of the company in total, making him MNRO’s largest shareholder, a position previously held by BlackRock Fund Advisors. Despite…