After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

King of Capital by David Carey and John E. Morris | ADI Book Club 3

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

The Discipline of Capital Allocation

Blackstone was started by two men who came from Lehman Brothers. They were co-CEOs, but then one of them turned on the other and kicked him out. It took a couple of years to find investors in Japan that would give them real money. The book is about how they raised their first fund; it's kind of similar to our own investment process.

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