Magnates and friends of prominent wildcatter T. Boone Pickens remembered him fondly in comments to CNBC.
"I never was with him that it wasn't fun," Buffett added.
A fellow hedge fund founder, Carl Icahn similarly remembered Pickens' wit and Texan charm, describing their similar approaches to how they thought companies should be run. Pickens, like Icahn, developed a reputation as a "corporate raider" in the 1980s, buying up shares in struggling companies and attempting to turn them around."I will sorely miss his friendship and his great wit. He was a standup guy from the old school.
Born in Oklahoma, Pickens attended what is now Oklahoma State University and plying his trade as a wildcatter across states where the oil and gas industry was booming. Pickens donated over $1 billion during his lifetime, a fact noted by former President George W. Bush. "T. Boone Pickens became a household name across the country because he was bold, imaginative, and daring. He was successful – and more importantly, he generously shared his success with institutions and communities across Texas and Oklahoma," Bush said in a statement.
"He loved the outdoors, his country, and his friends and family, and Laura and I send our condolences," Bush added.
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