Croasian, true, but they're out there if you look hard enough! It's a positive story though of just how 'easy' it is...keeps me interested when the market is so fragile.
"Ross did it again with coal when he made 2.5-times on his costs after snapping up coal assets in 2004 before selling his coal interests at the peak of the energy market in 2011 for $3.4 billion.
Today, sensing the same conditions of distress and good assets going for cheap prices, Ross is buying the debt of troubled oil industry firms, setting himself up for a high-priced exit when the recovery takes hold."
