35. How Carl Icahn Made $2 Billion from Apple Using Share Buybacks as a Catalyst
35. How Carl Icahn Made $2 Billion from Apple Using Share Buybacks as a Catalyst
- 165. Unlocking Tax Savings: The Spousal Loan Strategy for Canadian Couples
- 264. What You Should Consider for End-of-Life Planning - Greg Barnsdale, CEA, CFP, LFD
- 363. What's Really Going on with AI? (Key Things to Know Now)
- 462. How Aaron Letzeiser raised $39M for his insurance startup (Obie Insurance)
- 561. What does it take to become successful? Mark Murphy (CEO of Northeast Sequoia)
- 660. When will AI replace humans? Convo w/ Jake Buerke (founder of chtrbx.AI)
- 759. What secrets do 40+ yrs of investing teach you? Conversation with Ted Oakley, CFA, CFP
- 858. Are we headed for a crash? Conversation with Sam Burns, CFA, MBA
- 957. Meme stocks, arbitrage and where to look for investing opportunities - Interview with Michael Robbins, CFA
- 1056. Why Warren Buffett is not a fan of credit cards
- 1155. How Jim Simons Beat Warren Buffett
- 1254. How Howard Schultz Built a Starbucks Empire
- 1353. How Kirk Kerkorian went from Broke to Billionaire
- 1452. How Mike Cessario Made $700 Million With Canned Water (Liquid Death)
- 1551. From Failed Web Business to $3 Million per year - The Pieter Levels (levelsio) Story
- 1650. The Wealthiest Person in History: The John D. Rockefeller Story
- 1749. From War Vet to Billionaire; The Bob Parsons Story (GoDaddy)
- 1848. How Ben Francis (Gymshark) went from $0 to Billionaire by age 30
- 1947. Homeless to Billionaire; the John Paul DeJoria story
- 2046. How Ray Kroc Made Billions by Franchising McDonald's From The Ground Up
- 2145. How Barbara Corcoran (Shark Tank) Overcame Dyslexia and Became the Queen of NY Real Estate
- 2244. How Sara Blakely (Spanx) turned $5,000 into $1.3 Billion
- 2342. How Naval Ravikant Used the 4 types of Leverage to Earn Millions
- 2441. Broke to Billionaire; the Jesse Livermore Story
- 2540. How Porsche Made Hedge Funds Lose €20 billion in the VW Short Squeeze
- 2639. Why Warren Buffett Has Lived in the Same House Since 1958 and How Frugality Is the Secret Sauce for Building Wealth
- 2738. Here’s How MJ DeMarco Achieved Financial Freedom In His 30s
- 2837. How Howard Marks Invested During the Global Financial Crisis and his Key Investing Lessons
- 2936. How Ed Thorp Went From Beating Casinos at Roulette to Beating Wall Street at Investing
- 3035. How Carl Icahn Made $2 Billion from Apple Using Share Buybacks as a Catalyst
- 3134. How Peer Pressure Made Stan Druckenmiller Lose $3 Billion
- 3233. How Blair Hull Beat the Casinos at Blackjack and Later Started His Own $500 million Trading Firm
- 3332. How Linda Raschke got into Finance at a Time When Investing Was Dominated by Men
- 3431. Why Investing With Leverage is so Risky - The Epic Rise and Fall of Bill Hwang and Archegos Capital
- 3530. Is Your Environment Costing You Returns? Lessons From Guy Spier (Aquamarine Capital)
- 3629. A Simple Guide to Arnold Schwarzenegger’s Top Investment Lessons - Real Estate, Movie Deals and Owning a Boeing 747
- 3728. What Would Buffett Do If He Started Investing Today? A Simple Guide to Advantages of Small/Retail Investors
- 3827. Here’s How Mohnish Pabrai Picks What Companies to Invest in & His Investment Checklist
- 3926. Are You a Good Investor, or Just Lucky? Luck vs Skill in Investing and Lessons From Michael Mauboussin
- 4025. Are These Investing Blind Spots Costing You Returns? Takeaways From “Predictably Irrational” by Dan Ariely (Endowment Effect, Arbitrary Coherence)
- 4124. Here’s The Best Money Advice Warren Buffett Has Ever Received - Key Takeaways From The Intelligent Investor
- 4223. How Masayoshi Son (Masa) Became One of the Biggest Tech Investors in the World & his Incredible Return on Alibaba
- 4322. How Jim Simons & The Medallion Fund Conquered Wall Street Through the Best Investment Performance in History
- 4421. Here’s What Happens When Short Selling Goes Wrong - The Epic Battle Between David Einhorn & Allied Capital
- 4520. How George Soros Broke the Bank of England and Why Currency Trading is so Hard
- 4619. What You Can Learn From Warren Buffett’s Biggest Investment Mistake - The Infamous Dexter Shoe Purchase
- 4718. A Simple Guide to Mohnish Pabrai’s Investment in Frontline & How He Made a 55%+ Return in a Few Months
- 4817. A Guide to the Nifty Fifty Stocks & Lessons From Their Boom and Bust
- 4916. Why Scale Economics Shared is a “Business Model on Steroids” & The Costco Story
- 5015. How Bill Benter Made Over a Billion Dollars from Horse Races and Investment Lessons From His Success
- 5114. A Quick Guide to Finding +10,000% Stocks - Top Takeaways from Chris Mayer's Book
- 5213. Market Timing Doesn’t Work - Here’s How to Avoid this Rookie Mistake
- 5312. A Guide to Inflation & Warren Buffett's Thoughts on Investing During Inflation
- 5411. Warren Buffett vs Ray Dalio - Who's Right About Bitcoin?
- 5510. LTCM Had the Brightest PhDs, Then it Went Bust - Why Successful Investing With Leverage Is So Hard
- 569. How Investors Like Warren Buffett Use Market Inefficiency To Make Great Returns
- 578. Why Warren Buffett Invests in Companies With Moats & Lessons From His Purchase of See's Candies
- 587. Lessons From Warren Buffett Buying American Express
- 596. Howard Marks' Advice on Why You Should Use Second Level Thinking
- 605. How Charlie Munger Avoids Investment Traps
- 614. How John Malone Made Investors Over 30% Each Year for 25 Years
- 623. How Bill Ackman made $2.6 billion in less than a month & the power of asymmetric investments
- 632. Inside the mind of Michael Burry
- 641. The difference between investing and speculating
Carl Icahn is one of these investors who really thinks outside the box. He has a very impressive track record, and his 2021 net worth was over $17 Billion. The cool thing is that Carl came from a very average Brooklyn family to boot!
In this episode we cover the story of how he used share buybacks as a catalyst to make a $2 billion return on his investment in Apple.
If you have any comments/suggestions/feedback, you can reach me at visionwallstreet at gmail.com – I look forward to hearing from you!
Sources:
https://www.macrotrends.net/stocks/charts/AAPL/apple/pe-ratio
https://ycharts.com/companies/AAPL/stock_buyback
https://carlicahn.com/our_letter_to_tim_cook/
https://carlicahn.com/apple_shareholder_letter/
https://carlicahn.com/our-letter-to-apple-shareholders/
https://carlicahn.com/sale-apple-shares-at-half-price/
https://carlicahn.com/letter-to-twitter-followers-regarding-apple/
https://carlicahn.com/carl-icahn-issues-open-letter-to-tim-cook/
https://www.youtube.com/watch?v=_AAM1P-kqFs&ab_channel=CNBC
https://www.youtube.com/watch?v=QTgFi62FJ4k&ab_channel=InvestingPrinciple
Music:
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Disclaimer:
This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.