S2E107 Invest Like a Billionaire with David Rubenstein
The Brian Buffini Show
Brian Buffini
4.8 • 2.4K Ratings
🗓️ 24 January 2023
⏱️ 25 minutes
🧾️ Download transcript
Summary
What do the most successful investors in the world have in common? In this episode, legendary cofounder of The Carlyle Group David Rubenstein shares the secrets of his own phenomenal success as well as some of the time-tested principles, wisdom and tools of the biggest names in finance.
YOU WILL LEARN:
· Why relationships are vital.
· The 3 categories of investing.
· How entrepreneurs should invest right now.
MENTIONED IN THIS EPISODE:
“How to Invest,” By David Rubenstein
It’s a Mad, Mad, Mad, Mad World
NOTEWORTHY QUOTES FROM THIS EPISODE:
“Nobody ever won a Nobel Prize hating what they do. You have to love what you're doing.” – David Rubenstein
“The people that do well are people that go against conventional wisdom.” – David Rubenstein
“You don't need to be at the bottom or the top of the market. You're making investments. You need to basically believe in what you're doing.” – David Rubenstein
“Right now, I think is a good time to be buying, because I think the economy will come back.” – David Rubenstein
“Give your money to people that know what they're doing, and let them do it.” – David Rubenstein
“I try not to confuse my net worth with my self-worth.” – David Rubenstein
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Transcript
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| 0:00.0 | Welcome to It's a Good Life, where it's all about helping entrepreneurs think, feel, and do better. |
| 0:08.5 | Before we begin, I want to tell you about It's a Good Life Plus, our new ad-free subscription |
| 0:13.4 | on Apple Podcast. |
| 0:15.2 | All you've got to do is open the Apple Podcast app and click on It's a Good Life. |
| 0:19.6 | You'll see a banner under the logo that removes ads and unlocks early access to episodes. |
| 0:25.1 | It's just five bucks a month, and there's even a free trial. |
| 0:28.3 | Either way, continue listening to It's a Good Life and sharing the show with others. |
| 0:32.8 | And here's our man, Brian Baphini. |
| 0:39.9 | Well, the top of the morning, Tia, and welcome to It's a Good Life. |
| 0:42.7 | I'm your host, Brian Baphini, and today I have a very, very special guest for you. |
| 0:46.3 | His name is David Rubenstein, and David's co-founder and co-chairman of the Carlyle Group, |
| 0:51.6 | which is one of the largest, most successful private investment firms. |
| 0:55.0 | You may recognize David from the Rubenstein Show, who appeared to peer conversations, |
| 1:00.2 | a Bloomberg wealth, or one of his New York Times best selling books. |
| 1:03.4 | And today, we're here to talk about his newest book, How to Invest, Masters of the Craft. |
| 1:09.4 | And in his book, David interviewed many of the top investors in the world, |
| 1:13.0 | which he, by the way, has done rather well. |
| 1:15.0 | He's a very humble, minor, brilliant guy. |
| 1:17.4 | He's also a billionaire in his own right. |
| 1:19.2 | So his words are very powerful. |
| 1:21.3 | And I'm really excited, David, to have you join us today from New York. |
| 1:24.6 | Thanks for joining us. |
... |
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