6 Rules from World's Top Investors


5. Carl Icahn

“You learn in this business … If you want a friend, get a dog.”

Carl Icahn is a private equity investor. He is also a modern day corporate raider who buys large stakes in companies trying to get voting rights so that he can increase his shareholder value. Some of his top holdings are Time Warner, Yahoo, Clorox and Blockbuster Video.

Mr. Icahn has made a number of enemies in this business. His advice revolves around interpersonal relationships in the business world. Investors need not take it too seriously in its meant term. Your research on the stock market should be based upon facts from trusted sources and not upon opinions.