It is true, Uncle Carl is a winner. When I first started posting a few months ago, and I mentioned IEP, which I only bought in Jan this year, it has been down vote down vote down vote... and personally, I am laughing at every down vote.  

This stock isn't some Israeli shipping company or other junk trying to stay afloat by offering a yield trap.. this is a company that must pay out a large dividend by SEC enforcement, and since tax is passed through to the partnership, every possible deduction is taken to limit the taxation to the stakeholders and that is why the books look under performing

there is a reason IEP is 90+% owned by institutional investors...