There’s a poignant, telling scene in the 2022 HBO documentary Icahn: The Restless Billionaire, about legendary investor Carl Icahn—the self-made man from Far Rockaway, who majored in philosophy at Princeton, became one of the earliest aficionados of Mike Milken’s junk bonds, and leveraged it all into Icahn Enterprises. Standing before a grand depiction of Napoleon’s great victory over the Russian Army at the Battle of Friedland, Icahn begins pontificating on how the artist, Ernest Meissonier, had captured a moment in the emperor’s life “before hubris took over” and “took it all away from him.” Carl continued, “He was a great strategist, no question, but then he lost it all because of arrogance. That’s one thing you have to remember. It doesn’t stay forever, if you’re not careful.”