3min chapter

Forward Guidance cover image

David Rubenstein, Billionaire Investor Who Hired Jay Powell, On What Makes A Great Investor

Forward Guidance

CHAPTER

The Importance of Being a Contrarian Investor

You talked about ESG, infrastructure investing, SPACs as well as crypto. You mentioned when in the early days, private equity wasn't seen as much of a stable asset class. Do you think it's a benefit to get started early in something that's a cutting edge as it moves more towards the mainstream? And then in the introduction to the book, you note how there may be fields that are on the cutting edge now that if they prove to be more mainstream, will be similar.

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