Carl Icahn’s Letter to Santa

Dear Santa,

Carl of Icahn Enterprises (NASDAQ: IEP  ) here. I guess it's that time year to start asking for things.

First and foremost, my net worth has risen by 50% -- or about $8 billion this year -- so a repeat of 2013 in 2014 would be a great place to start. So whatever you can drop off under the tree to make that a reality would be ideal. But I've got a few thoughts of my own on the matter.

What I'd like most under the tree, of course, is a letter from Apple (NASDAQ: AAPL  ) CEO Tim Cook and his fellow board members letting me know they've listened to my proposal. After all, as I told Time Magazine, Cook said to me, "Look, you've accomplished a lot, and we want to listen to you" -- so a little definitive proof of that would be great.

Having said all of that, evidence of the $50 billion share buyback I proposed would be excellent. They generated $53.6 billion in cash in 2013 alone. A little money back in the pockets of shareholders like myself -- remember I have $2.7 billion worth of stock -- would be great. I suspect you'll be handing out a lot of Apple products this year, so just drop off an iPad for me on which to read the letter from Cook.

Moving right along -- after Apple listens to me -- one thing you could do would be to repeat my Netflix (NASDAQ: NFLX  ) performance with any of the other companies I hold. Remember when I alerted everyone to the reality, I made a return of 457% on my investment? Well, in case you've forgotten that, I just want to remind you of it. So, a repeat of that would be ideal.

Perhaps you could give me a clue as to what that may be -- by dropping off a package of a product under my tree. Considering I've already made more than $500 million on my Herbalife (NYSE: HLF  ) investment, a box of its offerings would be a pleasant surprise. Like I said just a few days ago, "I've never really doubted that this is a valuable company." So a nice bottle of its shampoo would be ideal.

As an aside, while my Netflix performance was great, I will say that it's a bit frustrating that it's up another $50 or so since I sold my position. We only paid $58 per share -- so that represents quite a bit of appreciation over my initial investment. Maybe you could have 2014 be a year when it finally stops growing? A repeat of 2011 for the company, when the stock fell 60%, would allow me to sleep a touch easier.

All in all, 2013 was great. The only thing that could make it any better is if my nemesis, Bill Ackman, would admit I'm better than him at, well, everything. And really... that's all I want for Christmas this year.



Top stock for 2014
We may not actually know what Icahn's letter to Santa will look like, but what we do know is that the market stormed out to huge gains across 2013, leaving investors on the sidelines burned. However, opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has just hand-picked one such opportunity in our new report: "The Motley Fool's Top Stock for 2014." To find out which stock it is and read our in-depth report, simply click here. It's free!

Read/Post Comments (1) | Recommend This Article (6)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2772075, ~/Articles/ArticleHandler.aspx, 9/30/2016 10:01:11 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 45 minutes ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
AAPL $113.05 Up +0.87 +0.78%
Apple CAPS Rating: ****
HLF $61.99 Up +0.49 +0.80%
Herbalife CAPS Rating: *
IEP $50.55 Up +0.69 +1.38%
Icahn Enterprises CAPS Rating: ***
NFLX $98.55 Up +1.88 +1.94%
Netflix CAPS Rating: ***