#69 Stephen Schwarzman: What It Takes

Stephen Schwarzman, CEO of the Blackstone Group, shares valuable insights from his career in private equity. He discusses the importance of attracting top talent and the nuances of decision-making under pressure. Schwarzman draws parallels between leadership and elite athletics, emphasizing the need for ethical management practices. He reflects on his journey from corporate instability to founding Blackstone, highlighting the lessons learned through challenges. Additionally, he offers a deep dive into the dynamics of the U.S. real estate market and strategies for navigating its cycles.