DIYbanter - View Single Post - OT Looks like T Boone has switched from win to natural gas

HeyBub[_3_]

wrote:

I wonder how many people who are big fans of Pickens realize where he
made a lot of his money. In the 80's he was a corporate raider who
would buy up the stock of companies, make demands on them, threaten to
take them over, etc. In many cases, the companies wound up entering
into a settlement with Pickens. He agreed to go away and the
companies bought back his stock at far more than he paid for it.

Buy low, sell high. It's the American way.