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T. Boone Pickens Holdings Down Nearly 20% This Quarter [View article]
After that quarter he went on Bloomberg and proclaimed he was wrong about being short energy but had righted the ship and was long because oil was going to $150.
So, If indeed he is down another 19.7% that would mean $1 fell to 71 cents after prematurely being short and then to to 57 cents after going long. Thats a 43 percent decline over that last couple of quarters. Thats a couple of billion in Boone's world. The majority of the OSU athletic departments money is in Boone's fund. It will be interesting to see how that affect the OSU Football Facility Construction Projects taking place right now.
WOW!! 43% hurts. Every dog has its day (good and bad).