Boone Pickens

T. Boone Pickens was an energy magnate, hedge fund investor, and philanthropist. He died at age 91 on Wednesday.
Pickens based his career on a set of ethics and lessons he often shared with the public, often accompanied by off-beat aphorisms.
He believed that planning is crucial to success, while at the same time valuing the willingness to make decisions, and that the level of quality communication determined a team’s effectiveness.
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T. Boone Pickens, “The Oracle of Oil,” died at age 91 on Wednesday.

Pickens founded the oil and gas company that he’d later rename Mesa Petroleum in 1956, and became a shareholder rights activist in the 1980s as the founding leader of the United Shareholders Association. Then, in 1996 at the age of 68, Pickens sold Mesa and started a hedge fund called BP Capital Management. His role as an investor led to his becoming a billionaire in his 70s, and he spent much of his latter years in philanthropy, giving away nearly $2 billion, including half a billion to his alma mater, Oklahoma State University.

Through it all, he followed a code of ethics that were often accompanied by aphorisms his colleagues coined …read more

Source:: Businessinsider – Strategy


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