by Brian Maher
Daily Reckoning
“There’s going to be a day of reckoning here…”
Legendary investors like Carl Icahn are eagles — they don’t flock. You find them one at a time. And their vision extends further than most.
What the multibillionaire sees now from his 10,000-foot perch is a complacent market drifting blissfully down the stream… right for the falls.
“When things look good, they look great… But that’s when you have to really pull down and stop buying.”