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Six Reasons to Stay Worried

The Compound and Friends

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The Mystery of Berkshire

IEP, which is this publicly traded thing that owns icons hedge funds and all of his personal wealth, has been in the news because short sellers have attacked its payments. They just capitulated on Friday, cut their dividend for the first time since 2011. Icon fell 37% on Friday; it came back by the end down 23%. But basically, instead of paying out $2 a unit in distributions, they cut it to $1.00. I don't want anyone to think that I'm rooting against anybody. Quote, our returns have been overwhelmed by our overly bearish view of the market.

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