Carl Icahn bet on America to fail. Instead he lost $9 billion

Carl Icahn bet on America to fail. Instead he lost $9 billion

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In 2021, Warren Buffett wrote in his closely-watched annual shareholder letter to “never bet against America,” and the recent experience of fellow billionaire investor Carl Icahn appears to back up that sentiment. Icahn’s investment firm, Icahn Enterprises, had an $18 billion market cap only one…

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