News: Cowboys owner scores big on natural gas bet

Adjusted for inflation that’s nearly 60 million so in that time it was a lot of money
Many so called self made rich people aren’t as self made as they appear. No doubt Jerry is an amazing business man and has grown his wealth very well but it does help to have money to start out with and that he did have

 

Most of the risk he took were his risk not his fathers.

 

I’m fully aware of how he acquired his wealth
The post was about the money he made on a natural gas deal....I was replying to that.
Who has 1 billion to invest in a play for a possible return of that magnitude?
I would be a tad short myself

 

People keep calling for a real GM, but who do you think this GM is going to work for? Jerry loves hiring puppets, so a GM would do us no good if Jerry's still influencing his decisions.

 

I just hope he has some more Super Bowls in the fracking pipeline.

 

Rich man get's richer. Big whoop.

Build a winning football team and then I'll be impressed.

 

A self-made Billionaire. Awesome for Mr. Jones! There's so much defamation on this board about Jerry when in fact they're the bitter ones being Jerry is absolutely BRILLIANT pertaining to finances. Hilarious!

 

You’d fail even if you had money

 

Hey vatto you don’t know me...I’m the guy that won the Nigerian lottery....orale. I’m flush

 

No doubt
But his father made it possible to take those risks financially
Not taking anything away from Jerry. He grew his wealth tremendously and from a business perspective he’s the smartest owner in the league
But like many wealthy people who built great wealth, he had the benefit of having a large amount of money to start with
His dads company in todays dollars was worth about 60 million so his share certainly helped
The oil and gas business is very risky and there are many boom and bust stories. Jerry has weathered the ups and downs and built a massive business
Also buying the cowboys wasn’t like buying a team today either. Today you can’t help but make money because the values of the franchises are soaring. It wasn’t like that when Jerry bought them and he’s a big part of the explosion in wealth all the owners have today

 

I am happy for Jerry, good for him.
Just wish he would hire a GM to run the Cowboys.
Then he would have more time to focus on his finances.

 

I agree. I have said before, If I was buying an NFL team I would not hire Jerry Jones as my GM. However we both know Jerry is not stepping down as GM so what I hope to see is he listens to the football people within the organization like Will McClay. Personally I think Cowboys have done a pretty good job through the draft and in doing so gives the Cowboys a chance.

 

You have to admit Jerry is one lucky SOB too. Especially once he purchased the Cowboys. Everything seems to have jelled for him afterwards and the money just multiplied. Bet he lays at home thinking how lucky he has been. Except of course with the Cowboys won/loss success....if only he let real pros run this team. Ain't it a shame.

 

Fake as Fake news gets.

 

well he should be barred from the facilities once he is retired ; LOL

 

It would be funny as heck to see Jerry trying to run around security to get into the Star.

 

Don’t need $1B, you could have invested $10K and made the exact same return. To make money you must be willing to risk money, many people are not willing to do that.

 

A natural fuel source.
No need for the Electric Car agenda, just a very long hose and Jerry.
Could solve our energy crisis.

 

If it was that easy nobody would ever lose money investing, and even moderate investors would become wealthy. Having a lot of money to invest doesn't automatically mean anything you invest in will succeed, it just means that if it does succeed the gain will be big. Conversely, if the investment fails the loss will also be big. The key is picking the right investments.

 

2014 / 2015 offered a unique opportunity for energy investors that’s unlikely to be repeated. The ESG morons don’t seem to grasp that about 70pct of electricity is produced by burning coal, natural gas, and by products of each. That won’t change for a long time. The government’s stupidity to force people into EVs and Hybrids with limited infrastructure to support it will further the reliance on tradition sources of electricity fuel. Jerry knows that business and had the capital to risk. I bet he would tell you it was a no brainer. Probably the easiest money he ever made.