Can Carl Icahn Fight Off a Stock Drop and Ackman's Jeers?

The video discusses a significant market downturn affecting a billionaire's fortune, with a 25% drop in enterprise value and a personal loss of $979 million. Despite this, the billionaire remains wealthy but faces potential margin calls due to borrowing against his stock. Options for recovery include buying back shares or going private. The video also explores the history of activist investors like Bill Ackman and their rivalries, highlighting instances where such investors become targets themselves, as seen with Third Point and Dan Lowe's public campaigns.

What could lead to margin calls for the billionaire?

• Stock price increase

• Borrowing against stock

• Selling shares

• Going private

What is the relationship between Bill Ackman and the billionaire mentioned?

• Friends

• Business partners

• Rivals

• No relationship