In this podcast episode, Gary Peterson shares his journey from his upbringing in Lubbock and Amarillo to his successful career in the oil and gas industry. He discusses his education at Texas Tech University, where he majored in finance and participated in the marching band and ROTC. Peterson reflects on his career trajectory, including his time at Republic National Bank of Dallas and founding Endcap Investments. He also highlights his involvement with the Federal Reserve Bank of Dallas and the Energy Advisory Council. Throughout the conversation, Peterson emphasizes work ethic, community involvement, and the evolving landscape of the oil and gas industry.

Gary Peterson's background (00:00:00) Gary's upbringing, education, and early experiences, including his family, school, and military service.

Impact of Vietnam War (00:02:15) Gary reflects on the impact of the Vietnam War on his high school experience and the loss of friends.

Transition to professional life (00:06:12) Gary discusses his transition from college to professional life, including his job search and early career in banking.

Formation of Endcap Investments (00:10:10) Gary explains the formation of Endcap Investments with his three partners and their unconventional academic backgrounds.

Success and challenges of Endcap Investments (00:11:33) Gary shares the challenges and success of Endcap Investments, including their work ethic and the current shift in investor attitudes.

Future of oil and gas industry (00:14:50) Gary discusses the evolving oil and gas industry and its future prospects, emphasizing cleaner production methods.

Global expansion and investor base (00:18:21) Gary talks about the global expansion of Endcap Investments and their diverse investor base, including sovereign wealth funds.

Early investors and business relationships (00:19:05) Gary highlights the early investors in Endcap Investments and the importance of previous business relationships.

These are the timestamps covered in the podcast episode transcription segment.

Why should we invest money with you? (00:20:17) Gary Peterson discusses raising funds for his first fund and the article about the rise and fall of Republic National Bank of Dallas.

The fall of First National Dallas (00:20:49) Discussion about the real estate market plummeting and the president of First National Dallas.

Involvement in sports (00:22:05) Gary Peterson's personal experiences and involvement in sports, including football and swimming.

Investing in professional sports teams (00:22:22) Gary Peterson's investment in the Texans and Astros, and his involvement in the sports industry.

Attributes of success (00:27:21) Gary Peterson attributes his success to hard work, fear of failure, and giving back to the community.

Business operations and staying private (00:29:29) Discussions about the company's operations, being privately held, and reasons for remaining private.

Biggest deals and creating Plains All American (00:30:13) Gary Peterson discusses significant deals and the creation of Plains All American, a major crude oil gatherer and transporter.

Transition from finance to success (00:33:03) Gary Peterson's journey from financial struggles to achieving success, with mentions of the influence of good people and giving back.

Support for Texas Tech and involvement in sports (00:36:13) Gary Peterson's support for Texas Tech, including contributions to the Matador Club, and excitement for the upcoming football season.

Concerns about the country and the value of grassroots schools (00:39:46) Gary Peterson expresses concerns about the country's division and praises Texas Tech as a grassroots, solid school.

Jokes and Funny Stories (00:40:30) Speaker 2 shares anecdotes about telling jokes and funny stories in class, creating a lively atmosphere.

Guest Speakers (00:41:16) Speaker 1 discusses the guest speakers in the class, including notable personalities like governors, CEOs, and a NASA flight director.

College Experiences (00:42:51) Speaker 1 shares a personal college experience about a challenging economics class and the importance of persistence.

Academic Subjects (00:44:31) Discussion about the diversity of students in the class, including finance, engineering, and accounting majors, and their experiences with tough subjects.

Time Management and Multitasking (00:46:42) Speaker 1 shares his time management techniques, including multitasking while working out, emphasizing the value of not wasting time.