Doomsday101
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Dallas Cowboys owner, Jerry Jones placed a big bet on natural gas producer Comstock Resources. And now, his stake is worth more than twice what he paid. His stake, worth about $2.6 billion after investing roughly $1.1 billion. Nice to have that type of money to throw around in investment. But also, a time where energy plays have been getting a ton of eyeballs, a ton of investment, especially for those who are looking at the sector, and have seen it run up over these past several months and year.
- I mean, natural gas is really tricky. It's had a lot of crashes, as well. And a lot of people whose fortunes have been wiped out.
Jones has been luckier, or smarter than most, 'cause this is not the first time he's made this kind of investment, and actually done well with it. So it's interesting that he's now repeating it with Comstock. And I guess he's in good company when it comes to these energy investments right now.
Cowboys owner scores big on natural gas bet, Amazon’s Alexa soon able to mimic any voice (yahoo.com)
- I mean, natural gas is really tricky. It's had a lot of crashes, as well. And a lot of people whose fortunes have been wiped out.
Jones has been luckier, or smarter than most, 'cause this is not the first time he's made this kind of investment, and actually done well with it. So it's interesting that he's now repeating it with Comstock. And I guess he's in good company when it comes to these energy investments right now.
Cowboys owner scores big on natural gas bet, Amazon’s Alexa soon able to mimic any voice (yahoo.com)