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Icahn: 'I haven’t sold one share of Netflix'

Thursday, 18 Jul 2013 | 3:19 PM ET

Imagine someone making over $1.1 billion in less than a year by investing in Netflix.

If you're billionaire Carl Icahn, that's something that actually happened. Of course, it helps that he originally invested about $320 million, money Icahn found between his seat cushions.

Carl Icahn may be one of the smartest investors to have ever lived but this one investment was the brainchild of Icahn's son, Brett and David Schechter.

Yet, Icahn wasn't originally going to jump into the Netflix stream. And, once he put his money in, he wanted to take it out. However, he was overruled by his son and has kept his entire Netflix position.

Speaking to the CNBC/Institutional Investor Delivering Alpha conference yesterday, Icahn said:

"I haven't sold one share and the credit goes to the two guys who run that fund, that account, they've had huge success this past year. One's my son and I wanted to sell it 100 points ago. My son threatened to leave, my son, I helped that kid my whole life."

But should Icahn Sr. now listen to his instincts and get out while he can?

We ask Talking Numbers contributor Enis Taner, Global Macro Editor at RiskReversal.com, and CNBC contributor Abigail Doolittle, Technical Strategist at The Seaport Group, if Icahn's Netflix investment is a case of "son know best" or "with age comes wisdom".

Watch the video above to hear Taner and Doolittle analyze Netflix.

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