Sell Discipline Rules
"Have clear, pre-defined sell criteria. Sell when: your thesis is broken, valuation is fully realized, or a significantly better opportunity appears."
Follow pre-defined sell criteria without emotion.
Read Full Analysis →Carl Celian Icahn (born February 16, 1936) is an American billionaire investor and corporate raider. He is the founder and controlling shareholder of Icahn Enterprises, a diversified conglomerate holding company with interests in investment, automotive, energy, food packaging, metals, real estate, and home fashion. Icahn is known as one of the most feared activist investors on Wall Street, having waged...
"Have clear, pre-defined sell criteria. Sell when: your thesis is broken, valuation is fully realized, or a significantly better opportunity appears."
Follow pre-defined sell criteria without emotion.
Read Full Analysis →"Regularly review whether your original reasons for owning a stock still hold. If the facts change, change your mind. Holding a broken thesis is the costliest mistake."
Regularly challenge your original investment thesis.
Read Full Analysis →"After every sell, review the outcome. Did you sell too early, too late, or at the right time? Post-mortems on sell decisions improve future judgment."
Post-mortem every sell decision to improve.
Read Full Analysis →Carl Icahn has 3 key principles on selling & review. The most important one is "Sell Discipline Rules" — Have clear, pre-defined sell criteria.
Carl Icahn applies selling & review through several key principles including "Sell Discipline Rules" and "Review Your Investment Thesis". These principles guide practical investment decisions and have been tested across decades of market cycles.
Carl Icahn's approach to selling & review is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Carl Icahn provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.