Show Notes:

Welcome to the Rainmakers Podcast where I will give case studies on how different investors made their billions. In this episode we are continuing our journey to learn the investment methods of Kirk Kerkorian to see how he got out of his mess after investing in MGM using debt during an economic recession leaving him with MGM stock and a net worth of $70M dollars after having $350M dollars only a year earlier.

Special thanks to @45wallst on twitter for helping with the research of this episode.

Follow him here: https://twitter.com/45WallSt

Follow me: https://twitter.com/rainmakerspod

Sources:

• Fade Out: The Calamitous Final Days of MGM by Peter Bart
• Winner Takes All by Christina Binkley
• Indecent Exposure: A True Story of Hollywood and Wall Street by David McClintick
• Keynote Speech to The Society of Automotive Analysts - Jerome B. York 1996
• Don’t Ever tell Babe Ruth how to hold his bat by D.M.
• Kerkorian: Casinos Trump Cars by Businessweek 2006
• Kerkorian Shuffles the MGM Deck by Businessweek 2007
• Kerkorian Faces Debt Woes by Businessweek 2009
• Kerkorian in the Emerald City by Ralph King Jr
• The Strip and The Street by Bernard Condon
• Beverly Hills Meets Motown by Time Magazine 1990
• Kerkorian, Columbia In Peace Pact by Robert J. Cole
• Kerkorian to Seek 20% of Columbia by Robert J. Cole
• New UA Will Start As 'Shell Company' by Thomas C. Hayes
• Third Time Is Still a Charm for Financier Kerkorian by James Bates
• The MGM Grand Hotel, which opened in December 1973, by Chris Chrystal
• Timeline: Kirk Kerkorian’s long career of bold investments by LA Times 2015
• Kerkorian and MGM, Off Again by Frank Ahrens
• Ted Turner: Back from the Brink by Stratford P. Sherman

Show Notes:

Welcome to the Rainmakers podcast! This show is going to be an exploration on the world’s best investors from past and present to see how exactly they made their returns. In this episode we will cover the early career of Kirk Kerkorian.

Follow me: https://twitter.com/rainmakerspod

Links:

International Hotel Ad: https://en.wikipedia.org/wiki/Westgate_Las_Vegas#/media/File:International_Hotel_advertisement.jpg

Alix Pasquet Presentation: https://youtu.be/YMmjbHAHdNU?si=kKyvFOBg6jcsRpeL

Sources:

Kerkorian: An American Success Story by Dial Torgerson

The Airline Industry by William M. Leary

The Only Way to Fly: The Story of Western Airlines, America’s Senior Air Carrier by Robert J Serling

Third Try at the Club by David McClintick

How It All Came Apart In the Eurodollar Market by Lewis Beman

Kirk Kerkorian: Friend or Foe? : His Presence in the MGM Deal Receives Mixed Reviews by Michael A. Hiltzik

Entrepreneurs: The High Ride on Free Time by Time Magazine

Kerkorian Doesn’t Want All the Meat off the Bone by Irwin Ross

Welcome to the Rainmakers podcast! This show is going to be an exploration on the world’s best investors from past and present to see how exactly they made their returns. In this episode we will be going over the career of Jack Kent Cooke. Cooke became a billionaire by finding creative ways to operate media businesses. He helped Roy Thomson operate struggling radio stations to then partnering with him to buy different magazines and then became a pioneer in the sports business.

Links:

Mark Leonard Presentation: https://drive.google.com/file/d/1uHEOdyn622mABGv7rd6Y_uQL1ngr94z6/view?pli=1

Springwood Capital Twitter: https://twitter.com/springwoodCap27

Savannah Bananas: https://youtu.be/T5RkB7_qNh8?si=Slip5PnA3q9EzyNa

Paul Enright Invest like the Best: https://podcasts.apple.com/cz/podcast/paul-enright-the-buy-side-primer/id1154105909?i=1000517881913

Follow me: https://twitter.com/rainmakerspod

Sources:

The Last Mogul by Adrian Havill

Jack Kent Cooke: A Career Biography by Adrian Kinnane

Market Place: Teleprompter: Fight Widens by Robert Metz

Jack Cooke: Genial But Tough by Steve E Prokesch