T. Boone Pickens
T. Boone Pickens
Thomas Boone Pickens, Jr., known as T. Boone Pickens, is an American business magnate and financier. Pickens chairs the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of September 2014, Pickens has a net worth of $1 billion...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 May 1928
CountryUnited States of America
prices stock
As long as there's political uncertainty around the energy space, stock prices will come down.
gas invest natural profit push time
You can't invest in natural gas on a daily basis. It's too volatile. But if you think of natural gas as a long-term holding, then you push your profit horizon out. A long-term time horizon would be at least two years.
foreign good oil power produced replace solar understand
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
amused blame congress heard somebody tries
I'm amused when Congress tries to place the blame on somebody but never themselves. I've never heard any of them ever say, 'I've made a mistake.' I do. I say I called it wrong. But they just try to find somebody to blame.
life
I fracked over 3,000 wells in my life and never had a problem with an aquifer.
far people truth
The American people know something is wrong as far as energy is concerned. They don't think they are being told the truth.
fuel gas united
Natural gas is better distributed than any other fuel in the United States. It's down every street and up every alley. There's a pipeline.
cheapest environmental gas natural united
The cheapest natural gas in the world is in the United States.
cleaner domestic environmental fuel
Natural gas is a better transportation fuel than gasoline, so if that's the case, it's cheaper, it's cleaner and it's a domestic resource.
whether
I don't care whether you use natural gas, ethanol, the battery. You can use anything, just so it's American.
want-something pairs looks
I don't go cheap on anything, but I'm not a shopper. If I want something, I look at it, decide what it is, but it will usually be the best product. I've got a pair of loafers that I still wear that I got in 1957.
determination elephants want
The older I get, the more I see a straight path where I want to go. If you're going to hunt elephants, don't get off the trail for a rabbit.
communication writing talking
Keep things informal. Talking is the natural way to do business. Writing is great for keeping records and putting down details, but talk generates ideas. Great things come from out luncheon meetings which consist of a sandwich, a cup of soup, and a good idea or two. No martinis.
honesty thinking dollars
A dollar is not worth as much as you think it is. Your honesty is worth much more.