The public market averages in the united states for stocks, publicly traded stocks, has been about six % a year. I would say, on the whole, if you're interested in public stocks, probably bettert in an index fund that tracts the market. You should probably be expecting rates of return, minus in fees, of four to five 6% a year. But i think it's better to start in your twenties and thirties, building a great reputation as investor and skill set, than trying to start inyour fifties or sixties or seventies.
IN THIS EPISODE, YOU’LL LEARN:
02:41 - How David started Carlyle Group and grew it to be one of the world’s largest private equity firms.
06:51 - What markets and sectors David thinks are most attractive to invest in right now.
18:05 - David’s greatest learnings from studying other superinvestors’ strategies.
18:05 - What do the world’s most successful investors have in common?
40:00 - What David thinks it takes to become a great investor.
42:51 - What mistakes retail investors make when trying to emulate superinvestors’ strategies.
44:26 - What are the biggest challenges retail investors face today?
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Help us reach new listeners by leaving us arating and reviewon Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!