Show Notes: Welcome to the Rainmakers Podcast! Today, we're kicking off a two-part series on Natural Gas Partners, a powerhouse in the private equity world. In this first episode, we'll dive into a fascinating case study of Richard Rainwater's decision-making process as he ventured out on his own, ultimately leading to the creation of Natural Gas Partners. We'll start by exploring the evolution of the oil and gas industry, setting the stage for the massive opportunity Rainwater seized. Then, we'll dissect his deal-making approach and how it shaped his early oil and gas investments. Finally, we'll connect the dots, showing how the events of the mid-80s and Rainwater's meticulous research culminated in the formation of Natural Gas Partners. Get ready for an insider's look at one of the most brilliant minds in investing. Let's jump in! Follow me: https://twitter.com/rainmakerspod Sources: ENSCO: The First 20 Years by Carolyn Barta Oil Capital by Bernard F. Clark Jr. Money Masters of Our Time by John Train The Fastest Tortoise by Ken Hersh Squawk Box CNBC April 4th, 2012 6:00am-9:00am EDT Wall Street with Louis Rukeyeser 1997 “The Smart Money Speaks” by Stephen Taub “Rainwater’s World” by David Carey “Investing secrets of the Rainwater Rolodex” by Hilary Rosenberg -“Lord of the Lowball” by Shade Rowe "Bootstrapped" by Mark Kindley "Bass brothers lose investment manager" by Stephen Rassenfoss "The man behind the Bass Dynasty" by Anthony Bianco "The Rainwater Prophecy" by Oliver Ryan If you enjoyed the episode please share and leave a review!