“It worked for nine years, but mistakes were made,” Harris Barton, 46, says as he sips a coffee at an Italian restaurant in Palo Alto, California. After the demise of HRJ Capital, the firm he co-founded with Ronnie Lott of which Joe Montana was a partner, he says he was embarrassed every time he walked into a place like this in Silicon Valley. “I felt like everyone was looking at me and saying, ‘There he is, the dumb athlete who couldn’t manage his firm.’” [Bloomberg]
Comments (36)
Leave a comment
You can log in with your account or comment as a guest below.
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
He should try pushing around a shopping cart on a snowy street all day.
Cromartie doesn’t even know what CBA stands for.
What about the dumb money managers who couldn’t manage their firms?
“Let’s take the Bills straight up over the Patriots, and hedge that with LEH calls”
Since when do professional athletes make mistakes with money?
Mistakes were made.
Oh, and derp.
antonio cromartie treats objects like women
antonio cromartie treats objects like women
You’ve got it all wrong, Barton. I was looking at you saying, “There he is, the dumb FORMER athlete who couldn’t manage his firm.”
You’ve got it all wrong, Barton. I was looking at you saying, “There he is, the dumb FORMER athlete who couldn’t manage his firm.”
It is true Harris. Concussions have a permanent affect on the brain. Yours is now biologically inferior. Its simple science really. Perhaps you can pitch a local car dealership or something. That may work out for you.
It could also be possible that someone with 22 inch neck and arms the size of cinder blocks tends to give off a bit of a “dumb” vibe naturally.
Certain financial “journalists” like CG who tout their physical prowess (??) are in a league with Cindy Adams, and also give off a “dumb vibe” naturually because their very essence is stupidity and arrogance.
May I raise you, Katie Couric, ah hell, all in
Sometimes putting on a suit and tie doesn’t make a difference. He should get a refund from Men’s Warehouse.
“Wearhouse”. Get it?
- Guy who likes the way he looks
I take a perverse pride in being unaware of that. Not knowing it is literally the NKI.
I take a perverse pride in being unaware of that. Not knowing it is literally the NKI.
Harris Barton just got caught in a bad market.
-Mitch Mustain
Harris Barton just got caught in a bad market.
-Mitch Mustain
“It worked for nine years, but mistakes were made,”
Mistakes don’t make themselves Harris.
“It worked for nine years, but mistakes were made,”
Mistakes don’t make themselves Harris.
Totally agree.
Totally agree.
Totally agree.
Totally agree.
Ha…jerk,
-Nails
“Far better is it to dare mighty things, to win glorius triumphs, even though checkered by failure… than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat.” – Teddy Roosevelt
At least he has the guts to take a risk and take the heat when it when it unravelled rather than hiding. Plus he will be partying in the “Rings-only” tent in Dallas this weekend.
Man, these guys make me look like a fund of funds genius!!
~ Ron Insana
Leverage is one helluva drug
~ Bear Stearns Enhanced Leveraged Fund PM
First mistake: Ronnie Lott, biz pardner
The first mistake was calling it HJR Capital. BBBJ Capital is a far better name…
- P. Jiang, from the West Coast
I wouldn’t knock these guys. It was more a capital/funding structure problem combined with poor legal advice during a period when huge chunks of Wall Street disappeared. But the article does not seem to indicate a basic investing strategy issue.
I grant them a Meriwether… carry on.
The unfair thing about all of these types of articles, is they all start out with “former athlete”, or “x NFL star”… The thing is there are more examples of x Harvard business school grads blowing up major companies including fortune 500. It’s great to read this though to see where things can go wrong and learn from the failures and many successes these guys had.