AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Six Reasons to Stay Worried
The Compound and Friends
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.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode