Wow, IEP falls another 19% (Performance YTD, off 34%) on Hindenburg's claims of Icahn's Ponzi-like business.
"Hindenburg highlighted IEP’s 15.8% dividend yield, which it said is the largest of any U.S. large cap name. Hindenburg argues that achieving that yield isn’t being done through legal means."
Thinking about this bank business or any really. These choices, at these various times The unbearable lightness of being The "Quality" found between the doom and gloom W. Buffett's junk food breaks And, high risk ventures All the while trying to maintain a headspace Of a romantic encounter on a warm moonlit beach!.
Inspired this poem ;)
Risk is the Cosmic Joke Man!
Every single day your number may come up.
It's the background music to our lives.
So don't be afraid to dance along, To the rhythm of the unknown.
For every step you take, brings you closer To the life that you have sown.
Embrace the uncertainty, take a chance, Leap into the great unknown.
For in the end, it's not the years that count, But the memories that have grown.
Risk is the Cosmic Joke Man! A reminder to live each day.
To laugh, to love, to dare, to dream, Before the music fades away.