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.
Visit Business Insider’s homepage for more stories
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