Buy these stocks now to get a piece of Carl Icahn’s action

Have you ever wished that you were a member of the most elite group of investors? One of the names you constantly read about in the financial headlines, making millions (if not billions) on their high-profile investments? We all know the names… Warren Buffett, Bill Ackman, Dan Loeb, and last but not least, Carl Icahn, who has been on an amazing winning streak lately.

Of course you have dreamed of achieving that level of success in turning your ideas into money, but the path between point A and point B is not an easy maze to navigate. If you are looking for the “big secret” to successful investing, unfortunately you will wind up disappointed. There is no “big secret” to becoming a successful investor. It takes a lot of hard work, dedication, years of experience, and of course a willingness to risk-hard earned money in sometimes high-risk situations. The road can be rough, but for those investors willing to endure the rough times, the rewards can be astronomical.

The big problem is that most average investors handle their portfolios in their spare time, lack the extensive experience it takes to completely comprehend the intricacies of the markets, and are less willing to take big risks on a regular basis. This makes it difficult to reach the heights of the famous activist investors, but the goal is definitely not out of reach.

Take Carl Icahn for example. If you wanted to tap into his experience and expertise, you simply need to pay attention to which companies he has established positions in, and pick and chose a few of them for yourself. Obviously not every decision he makes turns out to be correct, but through the years he has achieved an impressive track record of results, and his company, Icahn Enterprises, L.P. (IEP), has seen its stock soar 1,622% from January 1, 2000 through the end of July. Not too shabby! You can read more about his investment philosophy in the company's Investor Presentation from August of this year.

In that presentation is a list of his significant holdings at the current time, and we are going to look at a couple of these stocks that you may want to consider adding to your personal portfolio.

Michael Fowlkes

Michael Fowlkes

Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va.

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