Icahn: The Restless Billionaire
Director: Bruce David Klein
Year Released: 2022
Quick overview of the career of legendary financier Carl Icahn, from his early growing up quite poor in New York City and learning how to gamble (to help pay for Princeton) to becoming an activist investor (or "corporate raider" if you want to be snippy), which means buying a significant portion of a company's stock, sitting on the board and "forcing" changes (which are usually not met with applause). It does present both sides of the issue - yes, Carl is making a profit for himself and the shareholders and sometimes to the detriment of the company itself ... but sometimes management is lazy and/or incompetent - and brings up one of his worst losses (taking over Trans World Airlines), two major victories (Apple and Netflix) and covers his headline-grabbing spat with Bill Ackman over Herbalife (in which Bill lost even though he was technically correct). A lot of the clips could easily be found on YouTube and it seems gratuitous to heap praise on one of the richest living humans, but finance bros might learn a thing or two from it (for example: options are garbage and the people who mostly make money from them are those who write them).