Buy Low, Sell High
1998: Buys New Frontier for $165 million
June 2008: Sells New Frontier for $1200 million (511% compounded annual return)
December 2008: Buys Treasure Island for $750 million
Buy Low, Sell High
1998: Buys New Frontier for $165 million
June 2008: Sells New Frontier for $1200 million (511% compounded annual return)
December 2008: Buys Treasure Island for $750 million