RICH PICKINGS: Packer's handy profit plays

The sale of cosmetics company Jurlique is just one example of many successes produced by the Packer family's particular style of venture capital.

The mythical story I most love about the late Kerry Packer concerns the businessman who approached Packer in an airport lounge one day with a simple request.

"Kerry, I’m about to have a really important meeting with someone. It would really impress this bloke if you came over and said hello.”

Packer agreed and a few minutes after the meeting started he sauntered over to help his new friend.


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