Raider of the Lost Art
Carl Icahn used to be called a “Corporate Raider” and with all the Private Equity guys taking out companies left and right, I don’t know who is a raider and who is the good guy anymore. Regardless of what you call him, Icahn has been amazing lately. His brand of investor activism has risen to an art form and if you just followed him into high profile deals after his position was made public, you would have greatly outperformed the market. From Las Vegas real estate to IMCL to MEDI, this guy is a master at buying cheap and selling high. So when you look at MOT, just remember that Icahn is in there and betting against him has been a losing proposition lately.

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