Replies to post #10 on Icahn Enterprises LP (IEP)

[Ramp Worm]

I have held it for years.. At current price it pays a nice Dividend.
Carl is a shrewd investor. He occasionally makes mistakes but if you have a long horizon and willing to ride the cycles now would be a good time to accumulate. This Div can really add up over 10-20 years and your more diversified. I wish I had sold at the top of course and got in lower.. I am averaging about 6% cash on cash. Get in now and your like 10-11% Not too shabby IMO

[Ramp Worm]

I would be watching for THE big dip and load up. Nice Div and good management. Carl s getting a bit dated but Brent and David are good. I am always concerned how may years are left in Carl but I think were in good hands. At present Carl is a little too short like $145% short. We all know the market has run, We all know this is like too easy right now... and people are just thinking this is normal.. Because it feels good emotionally and short positions are cheap. So CARL is hedged 145% on that eventual hard drop happening.

I think Carl has done pretty good taking the opposite side trade. I say, You GO Carl! But think 5-10 years compounding dividends at 10% YEA Need to buy when the herd is selling. Watch Carl and learn.

Good trades,