Carl Icahn Endorses Herbalife In The Most 'Old Man From Queens' Way Possible
Carl Icahn has previously cited his Queens heritage,* which dates back to the 30s, in the context of investment decisions so it probably shouldn't come as a shock that this is how he choose to discuss Herbalife, the company in which he continues to buy millions of shares in part to spite his nemesis, Bill Ackman:
“They make some good products, I believe. I personally don’t like the drink. I drank it, gave me a lot of gas. I didn’t like it,” Icahn said. “But a lot of people love the damn drink.”
Carl Icahn: Herbalife ‘gave me a lot of gas,’ but I might buy more shares [Yahoo]
*"I get a call from this Ackman guy and he’s like the crybaby in the school yard. I went to a tough school in Queens and they used to beat up the little Jewish boys and he was like these little Jewish boys crying saying the world was taking advantage of him."