"The market response to Icahn’s Apple buy is quite telling in this regard. Apple’s market value exceeds $450 billion. Icahn owns one-third of 1% and could never accumulate a big enough stake to truly muscle around management. Yet simply his observation of what is obvious to many – that Apple is a great company with an inexpensive stock – drove many followers to drive the stock up 7%, and counting, in three days."
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