Successful investing is ultimately about predicting the future. Warren Buffett has been maybe the greatest investor of all time in the sense that he's averaged about a 20% return a year for 60 years. I would say nobody is perfectly going to be able to predict where the world's going two years from now, five years from now. But generally, good investors have a pretty good nose for where theWorld's going to go.
The first rule of investing is don’t lose money. The other rules are a little more complicated. David Rubenstein is the Co-Founder and Co-Chairman of The Carlyle Group, and the author of ”How to Invest: Masters on the Craft”. Rubenstein joined John Rotonti to discuss: - Lessons from Warren Buffet, Larry Fink, and Seth Klarman - Genius and luck in investing - Happiness and expectations - Investing with a margin of safety Companies mentioned: CG, BLK, TSLA, HLT Host: John Rotonti Guest: David Rubenstein Producer: Ricky Mulvey Engineers: Dan Boyd, Kyle Carruthers
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