Value Investing, Videos

Icahn and Pickens Discussing Life and Markets

This week’s Pickens Podcast is a conversation with Carl Icahn. Carl and Boone were pioneers in the corporate restructuring and shareholder rights movement dating back to the 1980s.

Since he started Icahn & Co in 1968, Carl has been a leader in increasing the value of the companies he has been involved with and, at the same time, making certain the owners – the shareholders – have their voices heard in the boardrooms.

During the conversation, the two men discussed energy security, including the effect of Saudi oil exports on America’s production, Carl’s views on the markets and much more.

Download the podcast on AudioBoom or iTunes. After you’ve listened, send your thoughts via Twitter to @BoonePickens.

– See more at: http://www.pickensplan.com/blog/#sthash.PkFZMlLU.dpuf’
Dallas, TX, December 3, 2015) Boone Pickens, in his continuing podcast series, sat down with legendary businessman and activist shareholder, Carl Icahn, where the two men discussed energy security, including the effect of Saudi oil exports on America’s production, Carl’s views on the markets and much more.

Excerpts of his interview with Icahn ran this morning on Bloomberg TV’s Bloomberg (GO), anchored by Stephanie Ruhle and David Westin.

The T. Boone Pickens Podcast Channel, which launched eight months ago, has featured other nationally known thought-leaders such as former Secretary of Defense Robert Gates, former CIA Director James Woolsey, former National Security Advisor Bud McFarlane, plus several other notables. Over 67,000 listeners have tuned in to these informative, engaging podcasts to learn more about energy security.

To hear this week’s podcast with Carl Icahn, visit: www.pickensplan.com/icahn-podcast/. Subscribe to the T. Boone Pickens Podcast Channel on AudioBoom or iTunes.

###

CONTACT: Jay Rosser, [email protected]net or Amy Weiss, [email protected]

– See more at: http://www.pickensplan.com/blog/#sthash.PkFZMlLU.dpuf

0:00look hot Jhankar know I could just a lot of younger job where he was when he was
0:12James Watt and use their global this technique is right at the very least I
0:19would go down the street they are no question one powerful voice in corporate
0:35America to say that
4:19and he’s well I go home he has always insisted that even in the system like
4:59the secretary assistant at work I’ll call while mister get all these lawsuits
5:06sure enough as they came out lawsuits will come up reply he did not get out
5:13that they have to do what it do another just how he would get to do it every
5:17quarter he went into oklahoma
5:21the mall so now I’m there we ought to start and had to do something I could do
5:27whatever the hell they did so and we will make money ok so now I’m really
5:35happy but I get a bill from this lawyer who work with me one day longer add
5:42edition of the book but we made a great deal of money and I call my neighbors
5:52say jurors are so much joy so I guess I think you have what I gradually you
6:06didn’t bring jobs back
6:08and I said what does one have to ask you to live here to stay
6:12I’m looking at you and you know who’s only you could ascertain whether you
6:18know how is that right I said yourself you know what measures go boom that’s a
6:29problem
6:30get rid of it said that’s right that’s true I said but still can I see your
6:38time shoots so I said I’d ask you about deaths good that’s good to know but you
6:51know I know you’re busy man I’m a busy guy I didn’t cause I want to
6:57congratulate you get what I said ok and carrot or going back and then a high
7:28yeah
7:32to get rid of the James Wallace James boy got really good book
7:54by the way to show it was getting was the idea his ODEs goes we all do
8:16yeah she’s a she’s not because republicans are good that’s kinda same
8:33place today
8:35ok now this election presidential election 77 counties where republican
8:47whole plane was I last talked about this ok they use deals take these positions
9:06like we are all week for two years ago
9:11go we pulled it off shortly after the investment bankers and log in those
9:16takeover deals we did you know she served with all those four we pulled a
9:23gas can never did take and we got together my range for two days and we
9:31will take into account the end came up with built in a proper that we had to
9:48have a proxy and we’re afraid of how we’re always here we do you feel you did
10:00you have you left me i dont stock in it and you remember this but W you will you
10:07deliver so everybody do it doesn’t satisfy you with their situational guys
10:13and the CEO is it one of those you mentioned you come out
10:19graphs see you guys soon as you go
10:28jamison that it was chosen let’s look at those institutions / AP is downtown
10:41reduction ratio down down down live @ you call us let me look at your revenue
10:52down down down there don’t feel like okay that they had the highest fine yeah
11:08yeah yeah
11:09$40 or $50 off $200 orders and they get there but what part of the cost and so
11:39it was really good by me all three years on and off and we always do great except
11:50now obviously with rice oil now is pretty bad so you know I think it’ll
11:57work out eventually but I don’t know what I think it’s gonna be tough
12:01well I think we strive to show cause flash in one day
12:12when you look at what’s happened to her and the reason it happened
12:17sad he wanted a us-produced oversupply by Mark shail
12:29ok so they wanna stop you know for sure
12:371693 down by 14 Rich Dad Poor Dad took a day off 66 taking other girls prep work
12:56ok to her and so they’re real quick
13:10ok it also shows a bridge right ok who else to her opaque and here by the
13:22company believes she does say look what I got all these things right and sure
13:35the company’s own side only thing about this but a way out there today
13:48Putin
13:51Syria
13:52area
13:59it’s even better than that because you could argue to his life to another
14:05conclusion so they put now everybody’s love them so they need a license so I
14:16can imagine so let’s screw around with the oil price that could be true that
14:23could happen
14:24yeah there the whole and so they weren’t so far later yeah but it depends on how
14:32long because it’s working maybe for both of them because then they see more oil
14:36down for a while and then put everybody out of these guys out of business
14:41associate attorney is favored by God with all this stuff so make sure you
14:48know you like exploration well thats so glad I did not get out how we’re just so
14:56then then they will get up in japan’s let you know how they look at these guys
15:01in oklahoma
15:02and they said well how much money the holdout silence to six months of you
15:09don’t let it be $7 within six so I think that’s a lot of time on it I hope you’re
15:21right we’ve helped me alot too I mean we thought and I’m sure it’s a while
15:30self you know I made a few books there but I’m losing you know you could I
15:38think you gonna be right
15:40will want to be sure how soon I am Not sure you go back and look at my record
15:49we’re driving and direction that italian guy really consistent you could be great
16:13if you guys have that for you or find something we should look study study we
16:21have an edge and myself away I hope because that was a lot more in the long
16:27as you’ve never met a guy get the complete the most exciting it’s going
16:31alright about it they will get paid for doing it like that and you lose weight
16:40to lose weight so you know I believe you did was you think of the direction I
16:50think you’re right
16:52direction I just yes I will say I said 630 so China’s like this is what you up
17:08there and for how much we ate but they don’t use all my shows it they’re going
17:25down here last year 11 for 24 hours a day that we should increase decrease in
17:49March 2010 and they said what china did you get so things are going so great
18:05dear still demanding
18:11issue how much you go up to me last year and this year but with its supply look
18:29at what it does to supply it was a certain still here and so we’re okay but
18:42you have no I don’t know what to do you know what I’m really saying a lot I was
19:00with the governor I don’t get involved but there’s one thing you you should
19:06focus of this that’s completely certain so it’s a no brainer you notice is real
19:18cheap but this is a great buy
19:19just hit but here in washington is one thing that’s so absurd that I’m working
19:28on trying to get along with this and it’s closed so to thank you know these
19:33companies so I don’t believe we reserve battalions of 34 years irreligious
19:44raised so you have all these bubbles resso
19:48complete gridlock that he should be so they have companies
19:58in this country through six trillion dollars city you’re not and they can’t
20:08because Congress will wait for all tax but you don’t have to wait not only has
20:26he sleep they’re playing with a version with companies move it out of the
20:30country so we’ll look at the jobs you want to have drugs you’re not getting
20:34jobs you gonna lose jobs slices woman out how to move it out
20:39wall and gotta do is saying these companies in a lot you got the money all
20:43of these companies rightly so
20:45goes over there so why should the Liberal Democrats to say we don’t want
20:53to get my tax rate tax rate yourself to make the money you know if you don’t
21:03know I don’t even know who the hell and the framework for bill but everybody I
21:15talk to you know the house ways and means committee
21:19the Senate Finance Committee want to do it
21:22whose do this bill 2.6 trillion a lot of combat jobs so so we would like this go
21:36play tennis anymore really so please fill all cocaine stay yeah they’ll spend
22:07years old he came in the five years
22:16I’m working people are really like Jordan with which I gotta find so ya
22:33gotta be productive even talking and he said and he said it was safe to say
22:48you’re uncomfortable ok replace team now has 28 years and he told me that he said
22:56that you are what happens he said go back next year and state he’s alright
23:10adults and I live
23:21special if you are able to hold a personality and other excited what are
23:37you gonna do if you just sit around a retired doctor today and you will enjoy
24:01how did you find it takes a lot of time a lot of work we got a great city

Get our newsletter and our in-depth investor case studies all for free!