Texas investor who managed the Bass family fortune, co-invested with George W. Bush in the Texas Rangers, and later built his own investment firm — known for backing exceptional operators (Bass brothers, Columbia/HCA, ENSCO) before they became obvious choices.
Developed the investor's version of the founder pattern — identifying exceptional operators at an early stage before their track record made them obvious — and co-investing alongside them with operational involvement, making his returns a function of operator quality rather than financial engineering.
Discussing
Ask anything about Richard Rainwater — their ideas, influences, contradictions, legacy.
Sign in to start a conversation.