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IL12: How to Invest ft. David Rubenstein

Top Traders Unplugged

CHAPTER

I Got Lucky in a Lot of Ways

When I was in high school, nobody thought I would be a great investor. Nobody thought I'd be a great anything. So yeah, I could say I got lucky in many ways and I certainly be the first to say I got Lucky. The larger the money you manage, the harder it is to get a high internal rate of return just by the law of size. On the other hand, if you're managing staggering sums of money, you don't need to get 30% internal rates return. You could get 10% or 12% and given the amount of money you're managing, that's spectacular.

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