![]() ![]() LC did very well out of this relationship and reaped the rewards. The kind of people the Irish nation had turned its back on before. They were great people who knew their business or trade well. Along the way he met people, shook their hand and promptly hired them. As a young man he stumbled out of the dull world of engineering consultancy and into a world he didn’t fully understand. LC’s life is one of two contrasting halves. It was when LC convinced himself he knew about land, that he made the biggest mistake of his career. Better than anyone ever has done in this country and perhaps many others. LC didn’t understand land, what he understood was construction management really well. It displays the fundamental mistake we all made. I found the quote in this Sunday Tribune article. Millions were invested in Greencore, Irish Continental Group, McInerney and Aer Lingus, stocks that had little in common other than the fact that they had land banks, and land was what Carroll understood. ![]() After receiving the securitised income he went on a share-buying spree, investing in everything from sugar to ferries. ![]()
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