August Special Situations (Members Only, Limited Space) (Ended)
Icahn Enterprises (IEP)
Special situations are corporate actions which could reveal an undervalued security and hence an investment opportunity. Some examples of Special Situations are spinoffs, liquidations, tender offers, restructurings, bankruptcy exits etc. In the Special Situations Research Forum we will discuss an investment situation decided 3 weeks in advance. Every participant in the Forum is expected to research the topic before attending the meeting.
Icahn Enterprises (IEP):
Icahn Enterprises (IEP) is down ~50% from its peak mostly because of energy and industrial slow down. We will review Icahn’s major capital allocation decisions and do a deep dive into its top holding CVR Energy and discuss how he has been able to generate returns of +20% for a long period. A good book on him is “King Icahn: The Biography of a Renegade Capitalist”.
This meeting is a collaborative effort so please be sure to research the topic before the meeting and be prepared to contribute to the discussion.
Attendance will be limited to 15 members - first-come, first-served.
Vishal Mishra; Mishra Capital Partners LLC
Nick Redmond; Oculus Asset Management
Members - Free
Attire: Business Casual
Registration: Limited to 15 members
A dial-in option will be available. Phone number and passcode will be distributed the day prior to discussion.
5:30pm - 7:00pm - Discussion
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