Carl Ichan on CNBC

  • I am surprised by the euphoria in stock markets
  • It's very difficult to predict what's coming in stock markets
  • Even though earnings will be good, I think there is a bit of exuberance
  • Cited the tax break and emerging markets as positive catalysts
  • When you get moves of this size, you have to be cautious because there are corrections
  • It's tough to find undervalued stocks, that's why I've been quiet
  • I don't understand bitcoin, so I stay out of it