Rainmakers Rame Adi

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

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 go over how Donald Bren became the richest real estate investor in the United States from one single deal. We will be going deep on who Bren was, how he invested in the deal, and what made the deal work so well.



Links:



James Cameron Interview: https://youtu.be/qTVGXcmk0xg?si=qiosQNavbV--HXPP



Founder’s Podcast #311: https://podcasts.apple.com/us/podcast/311-james-cameron/id1141877104?i=1000620838661



Donald Bren ULI Interview: https://youtu.be/XTLz2v88zWs?si=Gl-t_6zH9xckAbf3



Deane Homes Garden Kitchen: https://www.facebook.com/preserveorangecounty/photos/a.1109996192417998/3156041687813428/?type=3



Forbes Riches Real Estate Billionaires in 2023: https://www.forbes.com/sites/giacomotognini/2023/10/04/the-richest-real-estate-billionaires-in-america-2023/?sh=516e6a2a63af



Rancho Mission Viejo Periodical: https://www.cityofrsm.org/DocumentCenter/View/507/Rancho-Mission-Viejo-History-PDF



Sources:



**Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and the Big Plan by Michael Stockstill and H. Pike Oliver**



**The Irvine Ranch: A Time for People: A 50-Year Overview of the Development of the Irvine Ranch in Orange County, California (with a New Epilogue) by Martin A. Bower**



Threshold Resistance by A. Alfred Taubman



James Toepfer Oral History by Mission Viejo Oral History Project



John T. Martin Oral History by Mission Viejo Oral History Project



Tony Moiso Oral History by The Living Stories Collective



*Bren family builder is latest housing casualty* by John Gittelsohn



*Key Figures in the Dispute : DONALD L. BREN : Close-up: Developer appears to be uncomfortable in his role as one of the richest men in the country.* by Michael Flagg



*A Family’s Fortune* by Sam Enriquez



*AMERICA'S RICHEST LAND BARON Donald Bren's stunning property covers 100 square miles of California. He's worth $2 billion now, and his ''build and hold'' strategy promises to keep his wealth climbing.* by Gary Hector **



*BUSINESS PEOPLE; Investor in Irvine Sees Long-Term Opportunity* by Daniel F. Cuff



*Donald Bren’s Legacy* by Scott Kraft



*BREN: Orange County’s Reclusive Billionaire : Is Donald Bren America’s Richest?* by Michael Cieply and Michael Flagg



*Mother of Irvine Co. chairman* by LA Times Archives 2008



*Forster & O’Neill and Their Great Ranch* by Don Tryon



Have any feedback?



DM me @rainmakerspod on Twitter!

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 talking about Dennis Washington. Washington is a self made billionaire who got his start through working in construction and then leveraging his skills to starting his own company and then building an empire in construction, mining, rail roads, and even fixing up yachts. In today’s episode we will be going over his journey in becoming a self made billionaire and some lessons from some of the deals he made.



I also want to give a special shoutout to Pythia Capital on twitter for helping me research for this weeks episode.



Be sure to follow here: https://twitter.com/PythiaR



Links and Sources:



The Rich History of the Anaconda Copper Mine: https://www.intermountainhistories.org/items/show/278



Anaconda, Montana: https://westernmininghistory.com/towns/montana/anaconda/



Frank Gardner Oral History: https://www.verdigrisproject.org/oral-histories/frank-gardner-mining-executive



Fabled construction company rises again: https://www.goupstate.com/story/news/2004/08/01/fabled-construction-company-rises-again/29731744007/



The Wreck of Morrison Knudsen: https://content.time.com/time/magazine/article/0,9171,133973,00.html



David Tepper $20 Story: https://nymag.com/intelligencer/2010/01/david_tepper_is_so_rich_he_jus.html



Djokovic on Playing Tennis: https://www.ft.com/content/efaeed40-725c-11e5-bdb1-e6e4767162cc



Sources:



- *Anaconda : labor, community, and culture in Montana's smelter city* ****by Laurie Mercier

- *Opportunity, Montana : big copper, bad water, and the burial of an American landscape* ****by Brad Tyer

- "Denny’s always the low-cost producer" by Richard L. Stern

- "New hope for the dead" by James Cook

- "The king is dead, long live the king!" by Seth Lubove

- "Billionaire Highway Man: Life Lessons Dennis Washington Learned When He Was 25" by Luisa Kroll

- "Quicksand" by Victoria Murphy

- "A tycoon in the old mold" by Stephen S. Johnson

- "Man With Toys" by David Armstrong

- "A Shoe Shiner Turned Construction Billionaire, Dennis Washington Now Seeks to Polish His Legacy" by David Benoit

- "Troubled Washington Group Files for Chapter 11 Bankruptcy" by Michael Brick

- "Marine Towing Operations in Canada" by Joseph Monteiro

- "Kyle Washington: The Prince of Tides" by Alison Bate

- "Dedicated to Development" by Jessica Marquez



Have any feedback?

DM me @rainmakerspod on Twitter!

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 go over two deals that will help us learn the methods of Philip Anschutz.



Links:


Around Kansas - Phil Anschutz June 06,2018
https://www.youtube.com/watch?v=rnfunEKZzxg&ab_channel=FarmingUnlimitedTV


Rise and fall of former LA Kings owner Bruce McNall: https://www.youtube.com/watch?v=1Ymc0JVcgFk&ab_channel=SPORTSNET

Stephen Mandel - Investing Behind Change Invest Like the Best: https://www.joincolossus.com/episodes/17309631/mandel-investing-behind-change?tab=transcript

"Big Shots with Giselle Fernandez" Tim Leiweke interview: https://youtu.be/PmD78qRIVYo?si=ajOEQDsWtnYqp-Bb

Disney Flywheel: https://twitter.com/david_perell/status/1318613088074108932/photo/1



Sources:

- Lamar Hunt: A Life in Sports by Michael MacCambridge

- The Mayor : how I turned around Los Angeles after riots, an earthquake and the O.J. Simpson murder trial by Richard Riordan

- The Land of Flickering Lights: Restoring America in an Age of Broken Politics by Michael Bennet

- “The Passion of Philip Anschutz” by Devin Leonard

- “Lakers Valued At $5.5 Billion In Anschutz Sale To Dodgers Owners” by Mike Ozanian

- “Value Of AEG Disclosed To Be At Least $8 Billion” by Mike Ozanian

- “Home Field Advantage” by David Davis

- "The Man Who Owns L.A" by Connie Bruck

- "Anschutz Empire Includes Galaxy" by Grahame L. Jones

- "Shadow of a Doubt" by Stuart Steers

- "Two 'rookies' tackle sports" by Paula Moore

- "AEG: Timeline of L.A. deals" by Scott J. Wilson

- "Anschutz to Buy Concert Firm Goldenvoice" by Jeff Leeds

- "Anschutz Group Acquires Promotion Firm" by Jeff Leeds

- "Coachella Grossed Record-Breaking $114 Million This Year: Exclusive" by Dave Brooks

- "Movie Theaters Of the Absurd" by Forbes Magazine 2001

- "Regal's Future Up in the Air" by South Florida Sun Sentinel 2000

- "Anschutz Sells Half-Billion Dollars in Shares of Regal Entertainment" by Ed Lin

- "Six Who Made It Happen" by David Wharton and Robyn Norwood

- "Regal Cinemas Completes Chapter 11 Recovery Plan" by LA Times Archives 2002

- "Regal files bankruptcy" by CNN Money 2001

- "Philip Anschutz Reaps A Blockbuster Payout" by Andy Serwer

- "Morality Play" by Dorothy Pomerantz



Have any feedback?

DM me @rainmakerspod on Twitter!