T. Boone Pickens, fully Thomas Boone Pickens, Jr.

T. Boone
Pickens, fully Thomas Boone Pickens, Jr.
1928

American Business Magnate, Financier. Corporate Raider and Takeover Operator, Chairs hedge fund BP Capital Management

Author Quotes

Far too many executives have become more concerned with the "four P's" ? pay, perks, power and prestige ? rather than making profits for shareholders.

Fight your way out of corners. I play pretty good off the wall.

Fundamentals make the market.

Big Oil is a club, and they'll do everything to keep me out.

Given the current state of our finances, we could sure use a quarter of a trillion dollars a year recycling through the U.S. economy rather than through the economies of Iran, Russia, and Venezuela.

Boys, I said ?this is it. We?ve got to figure out a way to make $300 million, and we?ve got to make it fast. We?ve lost too much money in the Gulf of Mexico. We can?t drill our way out of this one. A field goal won?t do it ? we need a touchdown.?

Hard work was nothing new to me.

A dollar is not worth as much as you think it is. Your honesty is worth much more.

A fool with a plan can outsmart a genius with no plan any day.

A leader keeps people focused on the future.

A long time ago, a guy told me that the best time to plan a tree is twenty years ago. But if you didn?t plant it then, the next best time is today.

A real leader never leads by fear.

A wise woman, Grace Hopper, now retired, was the best known female admiral in the U.S. Navy. She expressed my management philosophy succinctly when she said, ?You don?t manage people, you manage things. You lead people.? She was right.

After a half century in the oil and gas business, I?ve learned a lot of lessons. Few have been cheap.

As long as there's political uncertainty around the energy space, stock prices will come down.

As soon as I was old enough, I started mowing lawns, which I did until I could take on a paper route at age twelve.

At every point in my eighty years, I?ve been faced with a challenge, and in just about every instance I?ve taken it. Even my birth was a do-or-die proposition?

At my father?s urging, I decided to switch my major to geology?

At sixty-nine, I had spent most of my life winning. Now I was taking some hard hits. From the way our investments were going, it appeared I had some challenges there, too. I was up to my ass in alligators.

A big deal takes as much time as a little deal.

Be careful of the limits you set for yourself? Personally, I don?t have a limit.

A plan without action is not a plan. It's a speech.

Be willing to make decisions. That's the most important quality in a good leader. Don't fall victim to what I call the "ready-aim-aim-aim syndrome." You must be willing to fire.

When I?m expected to do something, I always want to do more.

A commodity futures play is one of the purest forms of entrepreneurship. The keys to success are an accurate analysis, a willingness to take risk, and the ability to act. Once you?ve made the decision, just stand by, because you?re likely to get your answer quickly.

Author Picture
First Name
T. Boone
Last Name
Pickens, fully Thomas Boone Pickens, Jr.
Birth Date
1928
Bio

American Business Magnate, Financier. Corporate Raider and Takeover Operator, Chairs hedge fund BP Capital Management