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Blackberry because we don t want to encourage sho short term thinking and let them lose all the money. motorola, into matter. zanda had 18 operating systems. you can t say don t bother these guys because you can t make them short term when the guy is losing a fortune. nava star, the ceo lost $8 billion and the board did nothing about it. so, should you have said, well, don t bother him because we don t want a short-term deal here? you think ceos are rebee i having better today when you were starting doing this 40 years ago? i think some of them very good and those guys, we generally don t bother. who is very good, to you? well, i m not gonna start going and saying i have to think about the good ones, cause i don t get involved with them too much. but who triggers how did they trigger your interests? you know, you go and you look at a lot of companies and you say these are undervalued and there s an asset here in many of them and the asset is ....
Fraternity house. not every one of them. many of them. knows how to get along. then starts believing s genius, which he is not. so many problems. but you talk to me, tell them this, don t they get pissed off at you and say who are you to tell me? actually not as much as you would think. i don t believe that. we get on boards, we get invited back. i tell you an irony in some of the companies, it is the on circuit the boards are terrible and the ceo after he sees us there for a while, he welcomes us, he welcomes us. can i indulge you to stay a little longer, do you mind? i will stay as long as you want. if you will indulge me as well, a little longer with carl icahn. a treat here on the left, the right, whether you re in the market or not, he would make you think and that s what he s doing. more carl icahn after this. so you re telling me your mom has a mom cave? ....
It was on twitter that icahn announced he was taking a bite out of apple, a big stake in the company, demanding the company spend some of its vast $150 billion cash hoard on buying back more stock to unleash real shareholder value. now word apple has been buying back its stock, to the tune of $14 billion worth, in just the last couple of weeks. enough to satisfy icahn for now, but he is not exactly unloading all his apple stock now. all good for a very patient corporate raider whose impeccable timing and market sense have landed him on the cover of time and generated countless headlines and covers everywhere else over the years. come some call him a heartless raider out for a buck but a standup comic, also out for a good laugh. rill don t think that i suffer from, although people say, which is greed. and the generous philanthropist who is good for hundreds of millions of dollars to everything from scholarships to the study of genomics. to icahn, it is money on a ....
What s gonna happen is if you have this pill and you keep invading with the pill and saying, we don t like these bad raiders, whatever they call them, which is nonsense, cause look at the record we have, and look what we have accomplished and say oh, we are short-termers. pension funds, willing conspirat conspirators, right? some are not. there s very slow change, a lot of these pension funds are beginning to understand, hey we got to do something, we are underfunded. and hear s what happens. we do get calls. it s coming around, some of these mutual funds, pension funds, take a look at this one, carl. we can t come out. like in the house of cards, you know, could you say that but we can t. you can go do it like the guy do you go to in the school yard, go beat up the bully, we will stand behind, hold your books for you. how do you want to be remembered? 78 next week. i don t mind beating up the bully. don t want the corporate raider label, right? i don t know what raider me ....
That is very good. carl icahn, don t make yourself a stranger, thanks for going along with us. good seeing you again. i remember being here a number of years ago. glad i came up. carl icahn, we will have more after this. [ telephone rings ] [ shirley ] edward jones. [ male annncer ] with nearly 7 million investors. oh hey, neill, how are you? [ male announcer .you d expect us to have a highly skilled call center. kevin, neill holley s on line one. ok, great. [ male announcer ] and we do. it s how edward jones makes sense of investing. chse two melt-in-your mouth ees, ole garden s st 2 for $25 yet is endinsoon!cer ] and we do. like n parmesan crusted chicken, 3 courses, 2 people, st $25 at olive garden! al enjoy weekday signature favorites, four classic pastas, now just $10! ....