I would agree, if the investments paid off handsomely in a relatively short period of time - but in these cases, there were several years between the investment and pay-off.
He bought the drilling company stock in 1995. The Barnett Shale did not "explode" until 2006. A quid pro quo 11 years later? Hardly.
Like I said. They’re obviously smarter than the rest of us peons.
“He bought the drilling company stock in 1995. The Barnett Shale did not “explode” until 2006. A quid pro quo 11 years later? Hardly. “
Exactly. You could have bought a random tech stock in 1995 and made as much.
Investing in real estate in Austin area in the last 20 years? Any random parcel of land has gone up in value.