Carl says it will be a bloodbath.

He is making scary high definition videos for distribution on his blog.

I wish this nightmare would end. Old people are so cranky.

A little history lesson is in order. This is the same Carl Icahn blew out of his own stock in December 2013 with the help of a Time Magazine ‘Man of the Year’ cover. That same month, his stock peaked. His new investors are only down 50 percent. They must be thrilled he is so bearish now. I warned people this would happen the day he pulled off the trade. Here is a chart for you:

IEP data by YCharts

The ‘game’ of investing is won when you get ‘permanent capital’. You get to be wrong a lot more.

Carl got his permanent capital in 2013. It took him a very long time. No wonder he is so chatty.

Warren Buffett is the inventor of ‘permanent capital’ and he will come on CNBC next week to say he is buying. I think he fell over this week getting out of his football gear.

I have no idea which old guy is right.

Everything in America seems old these days. The infrastructure, the people, even the internet. The only thing new are the logo’s from old companies we hate.

I am not sure we will be safer when the ‘millennials’ inherit the money, but I have a feeling the mood will be better.