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Carl Icahn Quotes

20 quotes from Carl Icahn — Corporate raider turned activist investor..

Read the full Carl Icahn playbook →

“Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.”

Business

“I enjoy the hunt much more than the 'good life' after the victory.”

Perseverance

“Don't confuse luck with skill when judging others, and especially when judging yourself.”

Self-awareness

“In life and business, there are two cardinal sins. The first is to act precipitously without thought and the second is to not act at all.”

Decision-making

“I'm no robin hood, I enjoy making the money.”

Money

“When most investors, including the pros, all agree on something, they're usually wrong.”

Investing

“A lot of people died fighting tyranny. The least I can do is vote against it.”

Civic Duty

“When friends and acquaintances are telling you that you are a genius, before you accept their opinion, take a moment to remember what you always thought of their opinions in the past.”

Humility

“CEOs are paid for doing a terrible job. If the system wasn't so messed up, guys like me wouldn't make this kind of money.”

Business

“Everything I have is for sale, except for my kids and possibly my wife.”

Personal

“I like winning. There's also a certain joy in it. I feel fulfilled by it.”

Success

“I have to look out for the shareholder's interests, and I'm the largest shareholder.”

Leadership

“Some people get rich studying artificial intelligence. Me, I make my money studying natural stupidity.”

— Carl Icahn

“This kind of self-enrichment and influence over decision-making by an individual mogul who is simultaneously inside and outside the Administration is unprecedented. In terms of corruption, there's nothing like it. Maybe ever.”

— Robert Weissman, president of Public Citizen

“I don't believe in the word fair. It's a human concept that became conventional wisdom.”

— Mark Stevens, Icahn's biographer, quoting Icahn

“It's a way of keeping score.”

— Carl Icahn, on why he keeps making money

“Frankly, I made this money because the system is so bad. Not because I'm a genius.”

— Carl Icahn, CNBC interview, March 2023

“I don't have to watch Saturday Night Live anymore; I just go to the board meetings.”

— Carl Icahn, Yale guest lecture, 2008

“If the price is right, we are going to sell. I think that's true of everything you have, except maybe your kids and possibly your wife. . . . Possibly.”

— Carl Icahn, in court testimony

“I've always told people there is nobody who can really pick the market on a short-term or an intermediate-term basis. Maybe I made the mistake of not adhering to my own advice in recent years.”

— Carl Icahn, Financial Times interview, 2023

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Carl Icahn

Person

Carl Icahn

Corporate raider turned activist investor.