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Carl Icahn’s Short Bets Can’t Save Him

Icahn Enterprises’ investment portfolio fell more than 17 percent in the first quarter.

Last year, Carl Icahn’s bearish views hampered his returns during a roaring bull market. But even though the octogenarian investor boosted his short book during the coronavirus-wracked first quarter of 2020, he still lost $1.8 billion — or 17.6 percent — in the investment portfolio of Icahn Enterprises, his publicly

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