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