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Bowman’s Ruin

March 9, 2005

Fortune revists legendary tech investor and founder of Bowman Capital, Larry Bowman. He was the king of the world in 2000, but had to clean up his office this year and, we presume, scale back on his lavish retirement plans. Bowman was absurdly brash, known for obscene personal spending sprees and scaring away talented employees. We suspect that his highly inflated ego was a significant factor in his downfall. It’s fine to be self-important, but Wall Street will kill you if your ego gets in the way of people wanting to work with you and in the way of your ability to get to the office every day, pick stocks, and maintain those blistering returns.
Bowman started his operation lean, mean, and scrappy – but he ultimately tried to become a hedge fund manager-venture capitalist-kingmaker wrapped into one unwieldy entity. Too bad he lost touch with those humble beginnings.
Read – Tech’s Erstwhile Hedge Fund King Closes Up Shop (Fortune.com)

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2 Comments leave one →
  1. June 21, 2006 6:06 pm

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

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