https://www.ksl.com/?sid=46252547&nid=148
Before he died, Dick Bass sold shares of Snowbird to the Cumming family keeping it free of "corporate" ownership for a long time if not forever. John Cumming and Powdr, of course, was losing PCMR when this happened. Cumming was a billionaire investor (Leucadia) who wrote the book on utilizing loss carry-forwards. Another billionaire ski industry investor gone.
Before he died, Dick Bass sold shares of Snowbird to the Cumming family keeping it free of "corporate" ownership for a long time if not forever. John Cumming and Powdr, of course, was losing PCMR when this happened. Cumming was a billionaire investor (Leucadia) who wrote the book on utilizing loss carry-forwards. Another billionaire ski industry investor gone.
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