Carl Icahn, the hedge fund manager who rose to prominence as a "corporate raider" in the 1980s, warned of a potential "bloobath" that could come if there is another market downturn.
Talking to CNBC on Friday, billionaire Icahn called the financial market âschizophrenicâ that could hit the "amatuer investor" hard.
"Some of these fund managers I do not think are experienced enough to handle some of the distressed stuff they are buying and theyâre going to get burned,â he said.
There is nothing more to add to Carl Icahn's comments...