Carl Icahn did an interview with Fox Business News anchor Neil Cavuto yesterday afternoon. The hedge fund manager talked about the Federal Reserve’s decision on quantitative easing, but, perhaps more interestingly, he went into his investment rationale at Herbalife Ltd. (NYSE:HLF) and Apple Inc. (NASDAQ:AAPL). The major factor for Apple Inc. (NASDAQ:AAPL) stock is the stock buyback that the company is currently carrying out and the possibility of an expansion in that program. At Herbalife Ltd. (NYSE:HLF) the rationale is simple. Icahn believes that the company is simply undervalued. Icahn says that Bill Ackman is “completely totally wrong.” Icahn on Herbalife Icahn…
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