4.8 • 186 Ratings
🗓️ 10 December 2025
⏱️ 53 minutes
🧾️ Download transcript
Nicolai Tangen sits down with David Rubenstein, founder and chairman of the Carlyle Group and host of the David Rubenstein Show. They explore what makes truly great investors, why going against conventional wisdom matters, and the critical importance of humility in business and leadership.
David shares insights from his time working in the White House and from building one of the world's largest private equity firms, discussing different leadership styles, his philosophy on wealth and giving, his passion for preserving American history, and why staying engaged—rather than retiring—keeps you young and fulfilled. Tune in for a sharp, insightful episode you won’t want to miss!
In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday.
The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Oscar Hjelde.
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| 0:00.0 | Hi everybody and welcome to you in good company and today I'm here with David Rubenstein. David is the founder and chairman of the Carlisle Group, one of the biggest private equity firms. And he also hosts the David Rubenstein show where he interviews prominent leaders in business and so on. And earlier this year, I had the pleasure of being on your show. So this is like revenge time actually, David. Well, thank you for inviting me and you were great on my show. And anytime |
| 0:23.6 | you want to come back, please let me know. |
| 0:39.3 | You sometimes talk about people being like brands. So what's the David Rubinstein brand like? I'm not quite sure what it is. |
| 0:42.3 | Maybe it's too busy to do anything very well because I'm doing so many different things |
| 0:46.3 | that I don't really have as good a brand as I maybe would like to have. |
| 0:50.3 | But the truth is, I spent 30 years, I'm now still in private equity. |
| 0:54.9 | I spent 30 years building a firm. |
| 0:56.3 | It became one of the larger private equity firms. |
| 0:58.5 | But I find that I'm better known now for the TV shows I do or the interviewing I do or for my philanthropy. |
| 1:06.3 | I have a lot of philanthropic things I've done. |
| 1:08.7 | And people talk to me more about that than anything |
| 1:10.8 | I've done in the investment world. So I guess my brand is that somebody that can't do anything well, and I do many different things, but none of them that well as I would like to build. Well, we're going to get through it, and you for sure do a lot of things well. But you were, you were an advisor in the White House at age 27, and now you were here. Just what are the highlights in your life since then? |
| 1:28.0 | I mean, briefly. |
| 1:29.8 | Well, briefly, I came from very modest stock. |
| 1:34.1 | My parents were not graduates of college or high school. |
| 1:38.0 | They both dropped out of high school. |
| 1:39.4 | They were married young. |
| 1:40.1 | I was their only child. |
| 1:42.4 | So I grew up in a blue collar setting. |
| 1:48.1 | And, you know, so if you grow up in that setting, you have to make it on your own. |
| 1:49.6 | So there's a plus about that. |
| 1:52.6 | My own children have had some advantages that I didn't have. |
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