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Posted On: 09/08/2019 7:26:07 PM
Post# of 72440
Jerry Jones, owner of the Dallas Cowboys, was ridiculed when he bought the team for around $140MM for grossly overpaying for the franchise. Today it is valued at a little over $5B.
Jerry's response was that everything he has ever acquired he was deemed to have overpaid for, but each and every one went ballistic in value.
That is why I find no BP willing (yet) to step up and pay a fair value for either B or K pipeline, or both, to secure total control of them and see them go far and away above in value for what they paid in the relatively near future a complete mystery. Maybe BPs don't have the vision, or the ability of an individual owner, to make the call and roll the dice.
Jerry's response was that everything he has ever acquired he was deemed to have overpaid for, but each and every one went ballistic in value.
That is why I find no BP willing (yet) to step up and pay a fair value for either B or K pipeline, or both, to secure total control of them and see them go far and away above in value for what they paid in the relatively near future a complete mystery. Maybe BPs don't have the vision, or the ability of an individual owner, to make the call and roll the dice.
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