own companies and management is employees but >> agreed to buy back stock to stop a t-bones t boone pickensut >> you have made half $1 billion through losing on these takeovers. do you anticipate that a loss will stand you well? >> you never like to lose, but if you lose and make money, it makes it easier. >> i remember, someplace, the guy got up and said i have a question. he said, you are making a lot of money on this. and i said, the shareholders are too. he said that yes, you are a fast buck artists. i said, who would want to be known as a slow buck artists? >> i see as the free enterprise system. >> pickens was the first major investor to realize how undervalued american companies were and what you could buy, there. it was his early tilt, all of these famous deals, that brought this new reality to the attention of other investors, who followed in his wake and sought to imitate what he did. >> i am an investor and i want to make a profit. >> it is not wrong to want a profit in capitalist america. it is fair. >> ivan boesky made an fortune by companies. he doesn't want to run them, just