As investors, investing legends' words tend to hold great sway - after all, these gurus became legends only because they had been better at reading the economy, understanding businesses and predicting the market. Therefore, when they make predictions, it is not uncommon to find small time retail investors like us sitting up and listening. 2 recent actions/predictions by investing legends had sparked my interests in posting this. On April 28, Carl Icahn announced that he had exited from his positions in Apple. Icahn is famous for being an activist investor. He is also known for the "Icahn lift" whereby his announcement of taking up a position in any company is likely to send the company's shares soaring immediately. Icahn's announcement sent Apple's shares tumbling more than 3 percent. In June, George Soros announced a return to trading. Soros is best known as the "The Man Who Broke the Bank of ......