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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (46214)	1/17/2012 5:52:24 PM
From: E_K_S	Read Replies (1) \| Respond to of 78748

Hi Paul - From the link provided, its hard to know what individual stocks IEP actually own. Looking at the PDF link you provided, the IEP report contains a summary of the business categories they own (ie. rail cars, metals) but not too many specifics on the individual companies (other than Commercial Metals Company Commo (CMC)). Here is a site that shows the companies that Icahn (as an individual) owns: ( nasdaq.com ) 21 positions. When I do an equivalent search for IEP, I get no stock holdings. I assume that these 21 positions make up the compiled list that is presented in the IEP report (but w/o mentioning the actual companies). I find it useful to look at the individual companies and/or sectors where he finds value. Some of those companies I find to be undervalued but others are not (at least for me). In fact, those that are at or near BV and have earnings, I find interesting especially when some of the parts are sold and the remaining company is restructured. I am 50% successful following Icahn into some of his deals. Many times I lack the patients to stay with the trade but those that I have, I have always made money. The key is to use his picks as a start. He tends to discover sectors that I have overlooked and when I dig deeper, I sometimes find competitors that are also undervalued which can provide a good value trade. EKS

To: Paul Senior who wrote (46214)	1/17/2012 5:52:29 PM
From: Madharry	Respond to of 78748

looks like you could do worst than buying something like this at 16% discount to book according to yahoo. wondering if they post an nav someplace on their website.

To: Paul Senior who wrote (46214)	1/18/2012 7:50:05 PM
From: gizwick	Read Replies (1) \| Respond to of 78748

Took a small position in VKSC today, one of the stocks that mentioned Icahn owning. They have a niche and high ROE as well as P/E of 10 after a less than stellar year. Building their asian unit now for increased need there. Icahn owns 72% of the company stock.

To: Paul Senior who wrote (46214)	1/20/2012 11:54:51 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78748

IEP Carl Icahn is a crook, imo. I found his machinations on DYN just unbelievable and if it's not illegal it ought to be really close. My concern is that one of these days, he will end up in jail and will loose everything - and so will those riding along with him. reuters.com