Carl Icahn giving marching orders to the most successful firm in the world, Apple Inc. (NASDAQ:AAPL), comes across as a “little hubristic,” Barry Ritholtz noted on Bloomberg TV yesterday. Icahn questions Apple’s track record, Ritholtz goes sarcastic While he respects the activist investor Ichan, Ritholtz pauses when he sees a company with Apple’s track record being questioned. “You’ve gotta wonder about everyone offering ideas, suggestions and criticism for a company that has been by any possible measure widely, widely successful.” Not only is Apple Inc. (NASDAQ:AAPL) credited as being the largest and most influential companies to shape modern society, but on a short…
Financial Observers Chuckle As Icahn Gives Apple Advice
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.