Another Cover Curse

By -

We’ve seen many examples of the cover curse in recent years (Elizabeth Holmes, Samuel Bankman-Fried, etc.) but here’s a doozy. At the end of 2013, Time magazine put an even-uglier-than-normal Carl Icahn on its cover, declaring him “The Master of the Universe“. This preceded an enormous wipe-out in his stock. It took many, many years to try to climb back to that peak, but only in recent weeks has the drop resumed with turbocharged vigor. The curse persists!