2min chapter

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#63 The King of Oil: The Secret Lives of Marc Rich

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CHAPTER

Phyllis Rother and the Opportunity in Oil

Rich was lucky in that Phyllis Rother's was not organized along a strict set of rules. Whoever had the better idea is better contacts or just better luck was the one who could make the deals. Playing the same persistence and determination that would always set him apart from other traders, Rich set out to take on the oil business. And then he summarizes like his kind of modus operandi here. If I see a situation in the market and it makes sense to me, then I do something about it.

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