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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

In 2011 it was $2 billion , good for third place. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money. He reportedly took home compensation of $1.7 billion in 2013, making him the fifth highest-paid fund manager in the land.

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Should HSBC Stay or Should It Go?

Harvard Business Review

HBR Press, April 2011), very few firms are truly global in the sense that their business isn't concentrated in any one spot. He notes that as recently as 2004, less than one percent of all U.S. But as Pankaj Ghemawat points out in his forthcoming World 3.0 (HBR

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Great Companies Stay True to the Spirit of Their Founders

Harvard Business Review

To make everybody happy, to serve every need, to hedge every bet, many CEOs spread resources around democratically as their companies grow — and they lose the spikiness on the cost sheet that is the telltale sign not of profligacy but of focus. In 2011, TPG sold it to Diageo, for about $2.1

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U.S. Corporations Don’t Need Tax Breaks on Foreign Profits

Harvard Business Review

Now, in a New York Times op-ed , Carl Icahn, the billionaire corporate raider turned hedge fund activist, has joined the chorus. corporations responded by bringing back $299 billion in profits in 2005, compared with an average of $62 billion from 2000 to 2004 and a subsequent decline to $102 billion in 2006. billion in dividends. .

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