Carl Icahn who is almost 80 years old and still puts almost every penny of his money in the stock market.
Icahn who has the greatest track record in the history of investing destroying even Warren Buffett, has averaged 27% a year for 51 years.
To put this in perspective if you would have invested $1,000 dollars with Carl Icahn 51 years ago you would be worth almost $200 million dollars today!
If you would have invested $10,000 dollars with Carl Icahn just 30 years ago you would now be worth more almost $14 million.
But your not worth $14 million are you? Your not even rich.
Because you invest like the herd, you panic and sell stocks on any bad news. You buy stocks when they have already broken out or are at new highs.
You diversify or deworsify by putting your money in negative return assets like gold and treasuries.
Your 25, 35, 45, 55, or even 65 and you invest like the world is going to end, like its 2008 again don’t you?
Yet Icahn who is almost 80 years old and has a lot more to lose than you, invests almost 100% of his $20 billion dollar plus net worth in stocks.
Icahn doesn’t worry about times like 2008. In reality he lost 34% of his money in 2008, but he never stopped buying stocks and 6 years later he is up more than 300%. He quadrupled his net worth. Did You?
No, you listened to herd like advice from unsophisticated brokers-advisors who charge you high fees for 6% annual returns, that’s 21% less than what 80 year old Icahn returns every year.
You also sell stocks too quickly, and you never let your profits run. Icahn holds stocks for two or three years sometimes, even when he is down 50% or more on one of his positions.
You never buy dips or buy more of a stock when it goes down.
Icahn does and he is worth $20 billion. And you are not.
So stop investing like the herd, invest like a billionaire, heck start investing like Icahn.
If you do this you might actually become a millionaire even a billionaire. We follow every single move Ichan makes, Icahn has already made my readers and I rich by piggybacking his stocks and options trades.
Please don’t miss the opportunity to learn more about me and how we follow Billionaire Investors into stocks by visiting the Billionaires Portfolio.
William Meade is the President of Pure Alpha Research, a hedge fund consulting and investment research firm. He is the former Director of Research at Zacks Investment Research in Chicago. Before that, he was the lead analyst at a top performing $1.2 Billion dollar institutional investment firm and hedge fund. Mr. Meade has a Masters in Applied Economics from The Johns Hopkins University. Learn more about William Meade and how he follows Billionaire Investors into stocks by visiting the Billionaires Portfolio.