DealBook Conference 2015 - Activist Investing

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  • Опубліковано 4 лют 2025

КОМЕНТАРІ • 160

  • @verapamil07
    @verapamil07 4 роки тому +180

    During the university: P/E ratio, balance sheet, income statement etc...
    Real life: Boom, boom, bam, razzle-dazzle, boom, boom,.... get rid of all of them tomorrow

  • @hidinginthetreez
    @hidinginthetreez 9 років тому +171

    He's the best show in town. Just love his stories - he loves exposing bullshit and being honest - qualities we all need.

    • @geraldstephens6612
      @geraldstephens6612 5 місяців тому

      Except that he's not honest about his mistakes ......

    • @hidinginthetreez
      @hidinginthetreez 5 місяців тому

      @@geraldstephens6612 yes, my post didn't age well at all. Probably why we all love Charlie & Warren so much

  • @Byzantios1
    @Byzantios1 4 роки тому +56

    That's why I love Ichan. Ivy league education aside, he's still a street guy. An everyday, real guy you can talk to and make sense with. None of that pomposity and arrogance most folks in these circles have.

    • @gr1iev3r10
      @gr1iev3r10 3 роки тому +1

      agree

    • @truthaboveall7988
      @truthaboveall7988 3 роки тому +3

      Agreed he’s one of the few who is also a genius most even w Ivy League degrees r not

  • @SharonAFox
    @SharonAFox 5 років тому +52

    Love this...Carl Icahn so reminds me of my dad...My dad was such a great storyteller and he also had a great bullshit detector.

  • @BoersenCrashKurs
    @BoersenCrashKurs 8 років тому +31

    The mustache kid. This is the type of CEO that Icahn talks about: Zero Performance but an enormous Ego.

  • @ayveelrobinson5225
    @ayveelrobinson5225 9 років тому +84

    Icahn rocks.....can listen to him all day

  • @AuditorInvestor
    @AuditorInvestor 3 роки тому +14

    "Like a science fiction movie" - Icahn's story telling is fantastic.

  • @christopherarmstrong2710
    @christopherarmstrong2710 4 роки тому +18

    39:25 "If you want to make a lot of money, TAKE RISKS. That's what a capitalistic system is all about - but don't get paid all this money for somebody who's managing money." (Nassim Taleb talks on this, about back-office people claiming credit as front-office work in society)

  • @seannotaro473
    @seannotaro473 4 роки тому +5

    The time is now! Icahn called it perfectly.. the virus is the pin that pricked the bubble.....my god, he called this to a tee. He knew it! Much respect to Icahn

  • @PAPADRACOLIN
    @PAPADRACOLIN 4 роки тому +16

    17:30 "One day there is gonna be a day of comeuppance" If you are watching this in 2020, you know he was absolutely right. Luckily for them, the government is bailing them out.

    • @jermainerace4156
      @jermainerace4156 4 роки тому +2

      Unlucky for the rest of the country..

    • @babyfacenc
      @babyfacenc 2 роки тому +1

      2022 is the reconking.
      I'm watching it live.

  • @elijahschnake3863
    @elijahschnake3863 6 років тому +18

    This was a lot funnier than I expected.

  • @achille295
    @achille295 9 років тому +13

    I'm young and I'm trying to learn everything Icahn from this video ;)

    • @TroyboyTv
      @TroyboyTv 8 років тому

      +achille295 hows your learning coming along? don't forget to stay consistent

    • @isahajj99
      @isahajj99 8 років тому

      read book about investment

    • @AK47HEAVYMETAL83
      @AK47HEAVYMETAL83 7 років тому +1

      Don’t forget the NY accent to go with it lol 😁

  • @scotty3463
    @scotty3463 Рік тому

    Out of all the legendary investors, this guy is the most down to earth. The others bore the pants off you !

    • @Hshjshshjsj72727
      @Hshjshshjsj72727 4 місяці тому

      Who is boring? Buffet and Lynch are comedians too

  • @ChiIeboy
    @ChiIeboy 4 роки тому +1

    Love an interviewer who knows how to ask probing questions, then steps aside and lets the guest speak. This interviewer ain't one of 'em.

  • @kt-wt8pl
    @kt-wt8pl 4 роки тому +9

    Wow only a few hundred thousands views. He is one of the most dangerous civilians in the world and most people have no clue who this is. That’s gangster

  • @saleh.hashmi
    @saleh.hashmi 4 роки тому +7

    I feel like he still respects Warren to a great extent. He really likes him. Even for his position. He keeps mentioning by his full name. Which shows he admiration, good on him.

    • @angecynthia347
      @angecynthia347 2 роки тому

      But even Warren Buffet would refer to him as Carl Icahn

  • @hanssortti3314
    @hanssortti3314 9 років тому +16

    Brilliant man. He should run the country.

    • @peteroneil3639
      @peteroneil3639 9 років тому +1

      +Hans Sortti if Trump get office - hes going to make carl ichan the treasury sec !!

    • @Gr8thxAlot
      @Gr8thxAlot 3 роки тому

      I'm not sure any of his predictions in this video turned out to be right as of 2022.

    • @fxlltxtsearch
      @fxlltxtsearch 2 роки тому

      Lmaoo that would be the worst thing that could ever happen. Icahn would stack the cards entirely in his favour, give everyone else a chance to join in and pull the rug once he gets the first chance

    • @ryanmatthew511
      @ryanmatthew511 11 місяців тому

      Ichan bet against American and lost 9billion $.

  • @markyu5362
    @markyu5362 9 років тому +17

    Amazing insights! Enjoyed listening!

    • @markyu5362
      @markyu5362 9 років тому

      Interesting Joe, I also had checked his own Icahn Enterprise performance and it has not outperformed well (along with other hedge fund stock price such as Greenlight and Pershing), but he kind of highlighted companies spending more on buybacks and dividends and it can't last overtime.
      About AIG, that's completely out of my circle of competence. Thanks though.

    • @dogestranding5047
      @dogestranding5047 7 років тому +1

      Except that Ackman isn't an idiot. Over 20% annually on average from 2004-2015.

  • @johnreyn19
    @johnreyn19 10 місяців тому

    His ACF story is legendary. That Joe guy is who we need running companies. It is amazing the ruin that the bean counter corporate business folks can bring to big companies.

  • @iceman18211
    @iceman18211 2 роки тому +1

    Randomly came across this video today, May 4th 2022. Lyft stock is down 27% today down 72.87% all time. Uber is down 7.43%, down 34% all time. It doesn't seem like there are any winners yet. But Uber is less of a loser. In relation to question at 31:40

  • @pedalesmexicali
    @pedalesmexicali Рік тому

    Min 33:24 “all the way in the back, you bought a cheap seat.” 😂😂

  • @esquire9445
    @esquire9445 4 роки тому +11

    His story about getting rid of 12 floors of people makes me think of government buildings... what do they do?

    • @Selfconqueror7
      @Selfconqueror7 2 роки тому

      If the government were a private entity they’d be bought out and fired within seconds

  • @GordonGeko84
    @GordonGeko84 9 років тому +6

    This was awesome 😀

  • @kraizyduck
    @kraizyduck 9 років тому +7

    Anyone notice that beep sound at 1:08-9 before Ocahn returns the object to his pocket?

    • @rogerdat45
      @rogerdat45 8 років тому +7

      Oliver Benhaim its his pacemaker

  • @kadirpasha86
    @kadirpasha86 8 років тому +4

    What does mr. Icahn say at 6:35 ? ' i am an grey old.... Guy'? Anyone knows what he says and means? Thanks.

    • @KLKMedia
      @KLKMedia 6 років тому +5

      "I'm an old graham and dodd guy"

  • @departfromevil2000
    @departfromevil2000 4 роки тому +3

    Here is the day Carl was talking about!

  • @AliKhan-fs3rm
    @AliKhan-fs3rm 3 роки тому

    Never gives a straight answer!! The great Icahn!!

  • @thegoonist
    @thegoonist 4 роки тому +3

    7:42 can someone explain from an accounting or tax POV why depreciating the railcar assets for 5/6/7 years but keeping it for 40years is a tax incentive?

    • @peretzmex
      @peretzmex 4 роки тому

      There is a concept called Time Value of Money, so deducing your money earlier is the same as having more money.

    • @tbooth1000
      @tbooth1000 4 роки тому +4

      You’re able to write off your investments immediately or at an accelerated rate vs GAAP depreciation schedules...in other words if you invested in capex your able to write it off for tax purposes immediately...but you have those assets producing cash flows for 20-40 years

    • @فهدالتاجوري
      @فهدالتاجوري 2 роки тому +1

      He has no taxes on every asset that is older than 5 years .so most of the assets are tax free .I wonder if the operation using the assets depreciated are also tax free . In which case they keep most of the money as new rails are fewer..I assume..😁

  • @easterntechartists
    @easterntechartists 9 років тому +12

    Love the stories

  • @mbabcock111
    @mbabcock111 4 роки тому +1

    18:30 is it safe to say the federal reserve has answered Mr. Icahn's concern by their actions related to market stabilization actions in the bond and equity markets?

  • @lnhart7157
    @lnhart7157 4 роки тому +6

    "boom boom boom" - Carl Icahn

  • @HaikuMalta
    @HaikuMalta 5 років тому +7

    very sexy entrance music for mr ichan I must say

  • @dougprobert5378
    @dougprobert5378 2 роки тому +1

    How nice we have a billionaire that frequently talks to law makers. So they have an advantage over average Americans .

  • @DS-vx3wf
    @DS-vx3wf 4 роки тому +7

    Carl "BOOM BOOM BOOM" Icahn

  • @backpackly
    @backpackly 4 роки тому +8

    2015 Icahn talking about the junk bond bubble saying he's happy the govt promised they won't step in to prop these up.
    2020 Icahn would be disappointed at the youthful ignorance of his 79-year-old self.

  • @TheHanney123
    @TheHanney123 9 років тому +14

    Set the speed to 1.25

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    25:25 cadence & frequency is commence

  • @AlessandroOrlandi83
    @AlessandroOrlandi83 6 років тому +2

    Did somebody understand what he said about bond in ETF blackrock?

  • @Orf
    @Orf 2 роки тому

    3:30 says it’s self evident it should be broken up

  • @basehead617
    @basehead617 7 років тому +14

    Is the kid interviewing him gonna be graduating from high school soon?

  • @ruvimg
    @ruvimg 5 років тому +1

    Great story at the beginning

  • @rmiddlehouse
    @rmiddlehouse 4 роки тому +8

    What the hell was that intro music haha

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    7:10 corp>gov unless all seven continents

  • @nizamishirin4564
    @nizamishirin4564 9 років тому +3

    very informative ! thanks

  • @davidallen8611
    @davidallen8611 3 роки тому +3

    Carl: “boom boom, boom”

  • @tonygordon6168
    @tonygordon6168 4 роки тому +2

    At 23 minutes in he talks about repatriation. If we had that for drug companies, like Pfizer, Covid would have been more easily dealt with.

    • @thisismyrealname3942
      @thisismyrealname3942 4 роки тому +2

      We had it years ago. This was passed and didn’t help at all like you claim it would have.

  • @cristianflores5595
    @cristianflores5595 4 роки тому +3

    His laugh is like a kids so funny 😂

  • @happywednesday6741
    @happywednesday6741 2 роки тому

    @36:12 the guy with the stache misinterpreted the memo that we were trying to create a monopoly 😅

  • @minutescouldsaveyoupercentormo
    @minutescouldsaveyoupercentormo 2 роки тому +1

    He’s technically in PE/M&A except he’s getting in the company differently

  • @CimbomFanFiction
    @CimbomFanFiction 2 роки тому +1

    This was great and hes a very intelligent man but if you listened to his doom n gloom about the markets back then it wouldve cost you dearly. Markets worldwide exploded these past six years

  • @Shawk95
    @Shawk95 8 років тому +1

    Has Mr. Icahn ever bought a bank?

  • @thegoonist
    @thegoonist 4 роки тому

    33:15 why cant he short uber??

  • @马雄-k4o
    @马雄-k4o 3 роки тому

    I bought Cndt, who will help me analyze

  • @Tkanyike
    @Tkanyike 4 роки тому +2

    Holy shit that mustache

  • @MULESLAX
    @MULESLAX 8 років тому +10

    19:30 imitating charlie rose

  • @13snoopy
    @13snoopy 3 роки тому +1

    A+

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    24:00

  • @alohatic
    @alohatic 4 роки тому

    LOL@ consultants returning 3 weeks later with books thousands of pages thick and still have no idea what they were looking for. It sounds like congress and the government's tax manual.

  • @ahceneouldsaada5224
    @ahceneouldsaada5224 4 роки тому +1

    what the fuck was that intro song

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    18:15;18:25

  • @TriniNY
    @TriniNY 9 років тому +9

    Trump/Icahn 2016!!

    • @dogestranding5047
      @dogestranding5047 7 років тому +3

      Icahn is way better of a businessman than Trump.

  • @computerdynamo
    @computerdynamo Рік тому

    20:30

  • @brandonjones8059
    @brandonjones8059 2 роки тому

    Listening before he takes a position in GME

  • @vivekshivdasani9521
    @vivekshivdasani9521 4 роки тому +1

    John Wayne wasn’t a tough guy. He just looked tough. The real tough guy was Charles Bronson. Not only did he look tough but he was a real tough guy. Compared to him John W was a wimp.

  • @pdr770
    @pdr770 3 роки тому

    Apple will have Expert that Advice on Brilliant Economic and Elctricity and Hardware and more Books. Hire like in High Economic not garbage Pop Books. Tim even very unkown. This who you do a Brand Tim. In iOS 15. Hire experts. With excellent Design. And have A Button that Advice you on Books every Sunday in app and Close Screen. In Good idea. And excellent Brilliant Moral good books before 150-200 years even very unknown even for Reading and not Study.

  • @blusuck
    @blusuck 4 роки тому

    21:43 stone cold ?

  • @dizzolve
    @dizzolve 4 роки тому +2

    36:05 WTF dude ............ what era do you THINK you live in? Mr Handlebars

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    6:01

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    11:07

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    7:47

  • @minutescouldsaveyoupercentormo
    @minutescouldsaveyoupercentormo 2 роки тому

    36:06 his mustache

  • @Al3xInTek
    @Al3xInTek 9 років тому +3

    dat stache

  • @DP-dc2vv
    @DP-dc2vv 4 роки тому

    Sorkin should get a nose ring

  • @vickira2268
    @vickira2268 2 місяці тому

    IEP not doing so hot these days

  • @surrenderkid2005
    @surrenderkid2005 4 роки тому +1

    OXY boom boom boom HTZ boom boom boom

  • @evancoles
    @evancoles 2 роки тому

    What was that god awful song?

  • @podville8519
    @podville8519 3 роки тому

    So he stuttered when asked if worries about making the wrong decision.... and said he has enough capital. I dont care if it's a 0.25 cent head's up on Yahoo NBA DFS ... obviously you bite you're fingernails when Steph Curry and Luka Donic are going head to head in the TNT night cap. And when Luka hits 6 first quarter threes. It's no longer worry. Its sickening . You need to get out thr game if you say... "its.okay if it goes down because I know I'll buy more of them" thats why Daily Fantasy Spprts is the last true market on eartb.... until the African Stock Exchange comes out of a 15 year Trial run. Motherland always leading in overstanding.... Japan, more of the floor type.lxlxl JK luv ya k popping till its hip

  • @praaht18
    @praaht18 8 років тому +1

    Icahn is such a well groomed conman. Icahn to Trump: Boy it is pay back time now.

  • @Scott-yq5sx
    @Scott-yq5sx 9 років тому +1

    That mustache does look stupid

  • @kursodakaqoctep68
    @kursodakaqoctep68 4 роки тому

    The laughable song morphometrically chop because condor increasingly shelter beneath a ethereal christmas. premium, adventurous viola

  • @maanavchellani7115
    @maanavchellani7115 3 роки тому +1

    His shirt sucks!

  • @CountryZorro
    @CountryZorro 2 роки тому +3

    The interviewer is nauseating

  • @LilMOMMAson
    @LilMOMMAson 4 роки тому +1

    For not articulating many valid points, he sure the hell talks a lot.

  • @gabrieljones6479
    @gabrieljones6479 9 років тому

    Shit.

  • @jsssm
    @jsssm 9 років тому +1

    he needs to work on his story telling skills. soooooooo slow.

    • @wastrel09
      @wastrel09 9 років тому +15

      +jsssm well when you're a billionaire you really don't have to justify yourself to anyone. especially to some schmuck named jsssm on the Internet.

    • @jsssm
      @jsssm 9 років тому +1

      +wastrel09 I think he does. He almost put me to sleep while I was on a mission to the moon. I am an astronaut. I am starting a petition to make Carl take public speaking lessons. Join the cause.

    • @edooliemans8927
      @edooliemans8927 9 років тому +5

      you can speed up youtube playing speed...

    • @anthonyv.8668
      @anthonyv.8668 11 місяців тому

      Why would you listen to a video of a guy that "puts you to sleep?" Makes no sense.

  • @ninohensen7243
    @ninohensen7243 9 років тому +6

    trump 2016.... just do it...

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    33:01

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    14:20

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    29:18

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    19:43

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    19:09

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    32:20

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    20:37

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    20:22

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    26:27

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    33:10

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    34:33

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    25:57

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    21:19

  • @Continentalmunkey88
    @Continentalmunkey88 7 місяців тому

    28:45