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At 80, T. Boone Pickens is a legendary figure. Known as the "Oracle of Oil" because of his uncanny ability to predict fuel prices, he built Mesa Petroleum, one of the largest independent oil companies in the United States, from a $2,500 investment. In the 1980s, Pickens executed a series of unsolicited buyouts of undervalued oil companies, reinventing the notion of shareholders' rights. When Pickens left Mesa at 68 after a downward spiral, many counted...
Author
Language
English
Description
"Now eighty years old, T. Boone Pickens is a legendary figure in the business world. Known as the 'Oracle of Oil, ' he built Mesa Petroleum, one of the largest independent oil companies in the United States. When Pickens left Mesa after a downward spiral in the company's profits, many counted him out. What followed for him was the loss of 90 percent of his investing capital. But Pickens was far from out. He went on to stage one of the most impressive...
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