In this video, one of the most successful investors in the world: Carl Icahn speaks about the great danger we are facing ahead. Carl Icahn speaks about the carried interest loophole, the problem of repatriation and inversions and how these problems don’t get fix in Washington.
He also speaks about companies engineering their finances. Companies today artificially inflate their earnings through mergers and acquisitions and stock buybacks. Finally he speaks about the two biggest problems of all: Introduction of permanent low interest rates by the Fed, and oversell of high bond yields to the pubic, especially by BlackRock.