• I am going exactly nowhere


    Carl Icahn Has Committed To Fight Bill Ackman For At Least The Next Six Months

    Have you had enough Icahn and Ackman and Herbalife yet? Probably, right? Still, I should mention two more things, mostly because I kind of got them wrong this morning. The first thing is that I thought Icahn is long via options, rather than shares, for financing reasons. He sometimes uses this method to avoid HSR […]

    / Feb 15, 2013 at 5:28 PM
  • There are, like, twenty great photos of him wearing this outfit alone. The man is expressive.


    What Does Netflix’s Poison Pill Do To Carl Icahn?

    Are you not bored by corporate-raider battles? Netflix just adopted a poison pill in reaction to Carl Icahn’s acquisition of 9.98% of its stock and, of course it did, what else would it do? Just once I want to see a company say “actually you’re right, we’re hopeless, let’s sell this dog, highest bidder wins, […]

    / Nov 5, 2012 at 1:09 PM
  • Quikster? Meh, I could take or leave it.


    Who Is Doing What To Whom On Carl Icahn’s Netflix Trades?

    If I were the sort of guy who could come in to a company, yell at them a bunch, and get them to sell themselves to someone else at a premium, I would: do that often!, and buy lots of call options on the stock before doing it. Right? If I bought the call options […]

    / Oct 31, 2012 at 6:01 PM
  • Buzzfeed's 25 Photos of Mitt Romney Looking Perfectly Normal: Amazing


    Mitt Romney, Bill Ackman Undone By Forms

    Let’s talk about two tenuously related stories about government filings, why not. I don’t have much to say about this Mitt Romney Bain thing today but go read it, it is fascinating. Basically Mitt Romney certified under penalty of perjury in some federal electoral forms* that he was not involved with Bain Capital after 1999, […]

    / Jul 12, 2012 at 5:30 PM

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