Carl Icahn's Philosophy

Carl Icahn is an activist investor who seeks companies trading below their true value. Unlike other investors who wait for change, Icahn forces change by acquiring large stakes and demanding board representation.

Key Principles

  • Asset Value: Buy companies worth more than their stock price
  • Activism: Force management to unlock shareholder value
  • Change Catalyst: Look for companies that need shaking up
  • Cash Rich: Prefer companies with cash on balance sheet
  • Stubborn Persistence: Willing to fight long battles

💡 Did You Know?

Icahn's famous battles include Yahoo, Motorola, and Apple. His investment in Netflix in 2012 returned over 1,000% when he sold in 2015.

Screener Criteria

Price to Book
< 1.0
Trading below assets
Free Cash Flow
Positive
Cash generation
Cash Position
Strong
Balance sheet strength
Underperformance
Yes
Vs sector/market
Institutional
< 60%
Ownership concentration

Example Results

Companies matching Icahn's criteria (for educational purposes only)

📚 Educational Data Updated: Delayed data for learning purposes
Company Ticker P/B Cash Issues Potential
Intel
Semiconductors
INTC 0.8 $25B Behind in AI chips High
Bristol-Myers
Pharmaceuticals
BMY 0.9 $12B Patent cliffs Moderate
Western Digital
Data storage
WDC 0.7 $2B Cyclical downturn High