Construction Projects Going On At OSU

[Bunty]

The fact is that OSU officials have admitted that they got too greedy with the BP hedge fund.
Had they not been so greedy they would have already had a very nice indoor facility and more.
At the time it was plan OSU people were bragging that the 50 million dollar indoor facility was going to have heat and air.
It's pretty funny that now that it’s not, that it’s more than ok among many of the OSU faithful.

The manager of the hedge fund should have been smart enough to have gone by the investment wisdom of letting the trend be your friend. When those handsome returns reversed and started trending down, it was time to get the hell out to protect gains.

[ou48A]

The manager of the hedge fund should have been smart enough to have gone by the investment wisdom of letting the trend be your friend. When those handsome returns reversed and started trending down, it was time to get the hell out to protect gains.

That particular hedge fund only let you withdraw your money every quarter and you had to give due notification well in advance. I think it was 3 months’ time but I am not sure. OSU had intentions of withdrawing its money and only missed the date by about 2 or 3 weeks before the energy market crashed.

Anyone who has been involved in investing and particularly in energy for any length of time had to know this was extremely risky way of conducting business for OSU. Few others would have done this.

OSU is in a much better position now to be sure.... but at the time much of the OSU fan base was say that everything Boone Pickens touches turns to gold. Knowing something about the man’s professional and personal life I knew that wasn’t true.
The hedge fund has recovered and Boone Pickens has recovered some of his losses.

Now if OSU could just collect on those life insurance policies.
Who’s willing to take one for the team?

Oh wait?