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In 2012, oil a boon to Boone Pickens fund

Reuters – T. Boone Pickens, the billionaire Texas hedge-fund manager, said on Wednesday that oil, the commodity that brought him fame and fortune, has again been a boon for his main portfolio this year.

“We’ve done well in the oil markets,” Pickens, whose commodities fund has produced double-digit returns in the first eight months of the year, told Reuters on Wednesday.

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