News broke this past Wednesday that famed activist investor Carl Icahn has built a position in insurance giant AIG - our 3rd largest holding - thanks Carl! Icahn, in a letter to AIG, is suggesting the company break its self up into 3 smaller firms. He thinks that AIG is too big to succeed, and would be able to improve their competitiveness against their better run rivals. We find it hard to disagree... Is it worth $100/share? We will see. We will continue to sit on our hands and watch the developments with interest at AIG.