Someone explain why Carl Icahn keeps writing angry letters about Apple
I need someone who understands the stock market and investing way more than I do to explain the nuances of this Carl Icahn / Apple situation to me. It seems like every week, he's tweeting about buying billions in Apple stock and then asking Tim Cook to initiate a buy back.
If I understand this correctly, it seems like both a short term path to make money and a very selfish thing to do? Presumably, if Apple were to buy back $150 billion of its own stock, that would drive up their stock price.
Anyway, I don't totally understand his motive, but it seems like he's in the news every other week. The dude should have invested in Bitcoin early last year if he wants to make a quick buck! ;)
Via Forbes: www.forbes.com/sites/nathanvardi/2014/01/22/carl-i...
That of course would mean a very different Apple.
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