Stick To What You Know: Boone Pickens Dumps Yahoo! Stake
July 29, 2008
If there was ever an example of why people should stick to what they know, it is in today’s news. T Boone Pickens, the wildly successful oil and commodities investor that runs BP Capital has reportedly dumped his stake in Yahoo! (YHOO: 11.001 -4.42%), at what can be speculated to be a significant loss.
After Carl [...]