He’s been a U.S. president, a state governor and an MLB owner, but when George W. Bush comes to speak at TCU on Friday, it’ll be his experience in the investing world that will be the topic of the discussion.
Bush will speak today in the Brown-Lupton University Union for the 14th annual TCU Investment Strategies Conference because of his professional career managing and investing in several corporations.
Bush’s wide variety of past professions makes him uniquely qualified to speak, according to Elaine Cole, a public relations manager for the Neeley School of Business.
“We look forward to hearing former President Bush talk about his years in the White House, his experiences with other world leaders, leadership and decision-making, and domestic and international issues, all of which affect the financial market,” Cole wrote in an email.
Bush’s career began shortly after he graduated from Harvard Business School with the formation of Arbusto Energy Inc., according to the Washington Post. Bush capitalized on family connections and drew on a wide pool of investors.
While Arbusto never became a worldwide success, the connections that Bush used would prove invaluable in the future during his progression into politics.
He found more success with the Harken Energy Corporation, earning $835,000 by unloading the majority of his shares in the 1990s.
However, it was his ownership of the Texas Rangers that proved to be his most savvy financial move, according to CNN. The public paid for the majority of the funding for the Ballpark at Arlington, and Bush flipped a $600,000 investment into a profit over $15 million.
After he left the investment world and entered the White House, Bush maintained a legislative influence in the financial markets.
Bush favored a hands-off approach to investment regulation. Under his administration, the Securities and Exchange Commission decreased regulation on investment banks.
While the majority of his presidency was occupied by the dual wars in the Middle East and the creeping financial crisis that came to a head in 2008, Bush still had a strong rapport with the investing world.
Bush’s personality was his biggest asset, and it’s always made him an entertaining speaker, all politics aside. Associated Press journalist Ben Feller described Bush as a “fast-moving, phrase-mangling Texan who stays upbeat even though his country is not.”
It’s this personality that’ll be on display along with more than three decades of investing experience when Bush takes the mic this afternoon.