May
10

Carl Icahn Thinks Things Will Get Much Worse Before President Trump Makes Everything Better

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Speaking to you from his pre-Nov. 8 survival bunker.Speaking to you from his pre-Nov. 8 survival bunker.

In his eight decades, Carl Icahn has seen booms and he’s seen busts. And if he were a betting man—and he is—he’d guess that his ninth decade will open with a pretty spectacular one of the latter to make 81-year-old Treasury Secretary Carl Icahn substantially richer than 80-year-old Carl Icahn is.

An investment fund run by the 80-year-old Icahn had a net short position of 149% at the end of the first quarter. Icahn is considerably more bearish than he was at the end of 2015, when the fund’s net short position was 25%….

Carl Icahn Thinks Things Will Get Much Worse Before President Trump Makes Everything Better

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