In what should come as no surprise to any American, newly elected President Donald Trump’s special advisor on regulatory reform and long-time Trump supporter Carl Icahn has tweeted that he loved Trump’s inauguration speech.
On Monday morning, Icahn tweeted that Trump’s speech “leaves no doubt our dangerous slide towards socialism is over.”
The two billionaires have a long history of business dealings together. Icahn was the largest bondholder of Trump’s Taj Mahal casino during its bankruptcy in the early ’90s. In early 2016, Icahn Enterprises LP IEP 1.58% acquired Trump Entertainment Resorts following yet another bankruptcy. Icahn officially closed the Taj Mahal last October.
To Be Special (Advisor)
Icahn stayed loyal to Trump throughout the campaign season, even when other supporters jumped ship after Trump’s many inflammatory comments. When Trump named Icahn special advisor in December, Icahn profited more than half a billion dollars in a single day after Icahn Enterprises stock jumped 8 percent.
As special advisor, Icahn is likely to target Environmental Protection Agency regulations on U.S. oil refiners intended to promote renewable fuels. Icahn, who is a large investor in CVR Refining LP CVRR, penned…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
