How Carl Icahn Posted a 7.9% Gain in 2018

The activist investor saw most of the gains from his short book.


So much for activism — at least for one quarter.

Carl Icahn’s private investment portfolio returned 4.3 percent in the fourth quarter, boosting its 2018 gain to 7.9 percent, according to regulatory filings made by Icahn’s publicly-traded holding companies, Icahn Enterprises and Icahn Enterprises Holdings.

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