Discover how John D. Rockefeller became the richest man ever, his ruthless tactics in monopolizing the oil industry, his strategic business acumen, the rise of Standard Oil, and his lasting impact on American corporations and medicine.

My guest today is David Rubenstein, co-founder of The Carlyle Group - one of the largest private equity firms in the world. David has worked in the White House, built a $300 billion investment institution, become a prominent philanthropist, published books, and even hosts his own TV show. It was a thrill to sit down with him and cover the whole spectrum of his experience as a father, investor, historian, and titan of American business. Please enjoy this great conversation with David Rubenstein. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes[00:03:02] - [First question] - What his perspective on the world today is compared to the last forty years[00:05:35] - The long term implications of the Ukraine war on a global scale[00:07:54] - Concerns and thoughts on the US’s role in a radically different world[00:10:07] - How inflation and reduced globalization impacts business behavior in the US[00:14:11] - His method when interviewing people and how it’s changed over time[00:15:03] - How his interest in leadership as a topic began; How to Lead[00:17:55] - The time he was the most personally in awe of a leader[00:19:05] - The most basic ingredients for strong leadership[00:21:34] - Learning from Oprah and developing his own interviewing style[00:24:25] - His leadership style while running Carlyle and key variables that drove Carlyle’s success[00:28:41] - The ways that were most effective in terms of investment for Carlyle’s brand[00:29:50] - How should a new investor think about the relationship between government and business[00:32:17] - What he’s learned about leadership that he thinks is the most portable for other people[00:34:04] - His interest in masters of leadership and what he has learned from them[00:35:08] - How Carlyle retained their talent and building relationships with LP investors[00:37:20] - Lessons from working in media with what worked and what didn’t; How to Invest[00:38:55] - How he approached writing How to Invest[00:41:13] - The importance of intuition when evaluating backers and why geniuses aren’t always chosen[00:43:04] - Big aspects of American history and why he finds it so interesting; The American Story[00:44:17] - Key drivers of American outcomes and biggest areas for improvement[00:47:00] - Lessons he learned going from humble beginnings to amassing wealth and how he’s teaching his children about it[00:49:20] - The state of private equity and what are its best and highest functions today[00:51:03] - Experience and impressions on the emerging cryptosphere[00:52:25] - What makes for a good chairman and why he is always drawn to that role[00:53:42] - The most interesting system outside of the US that he’s observed[00:55:33] - What he has learned about being a giving pledge signer and philanthropy[00:57:02] - His interest in Monticello and the Magna Carta[00:59:13] - View on how speeches from leaders have changed over the years; Citizenship in a Republic[01:01:24] - What subject he would write his next book on[01:03:58] - Thoughts on the line between giving your life for your country versus your state[01:05:17] - The American Experiment[01:06:10] - Looking back on his career at a time where he felt the most alive[01:08:07] - The kindest thing anyone has ever done for him

They're paid a fortune — but for what, exactly? What makes a good C.E.O. — and how can you even tell? Is "leadership science" a real thing — or just airport-bookstore mumbo jumbo? We put these questions to Mark Zuckerberg, Richard Branson, Indra Nooyi, Satya Nadella, Jack Welch, Ray Dalio, Carol Bartz, David Rubenstein, and Ellen Pao. (Part 1 of a special series, "The Secret Life of C.E.O.'s.")

This episode comes out for free on 10/12/2022Ryan talks to David Rubenstein about his new book How to Invest, his experiences working for President Jimmy Carter, how design your life for happiness and productivity, and more.David Mark Rubenstein is an American billionaire businessman. Former government official and lawyer. A Co-Founder and Co-Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms. Mr. Rubenstein co-founded the firm in 1987. Also the host of The David Rubenstein Show: Peer-to-Peer Conversations on Bloomberg TV and PBS.📕 Ryan Holiday's new book "Discipline Is Destiny" is out now! We’ve extended the pre-order bonuses for the next week—among them is a signed and numbered page from the original manuscript of the book. You can learn more about those and how to receive them over at Dailystoic.com/preorder. ✉️ Sign up for the Daily Stoic email: https://dailystoic.com/dailyemail📱 Follow us: Instagram, Twitter, YouTube, TikTok, FacebookSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

David Rubenstein, co-founder of The Carlyle Group and principal owner of the Baltimore Orioles, shares his journey from private equity to baseball ownership. He discusses the motivations behind purchasing the Orioles, emphasizing his hometown pride and community ties. The conversation includes insights on revitalizing the franchise through player analytics and local engagement. Rubenstein also addresses the challenges facing baseball in attracting younger fans and enhancing diversity, blending business acumen with sports passion.

David Rubenstein, Co-Founder of The Carlyle Group, on Lessons Learned, Jeff Bezos, Raising Billions of Dollars, Advising Presidents, and Sprinting to the End | Brought to you by ShipStation shipping software, Headspace easy-to-use app with guided meditations, and Theragun percussive muscle therapy devices. More on all three below. David M. Rubenstein (davidrubenstein.com) is co-founder and co-executive chairman of The Carlyle Group, a global investment firm with $230 billion under management.David is chairman of the boards of trustees of the John F. Kennedy Center for the Performing Arts and the Council on Foreign Relations, a fellow of the Harvard Corporation, and a regent of the Smithsonian Institution.David, an original signer of the Giving Pledge, has made transformative gifts for the restoration or repair of the Washington Monument, Kennedy Center, Smithsonian, National Archives, National Zoo, and the National Museum of African American History and Culture.David is host of The David Rubenstein Show: Peer-to-Peer Conversations on Bloomberg TV and the author of The American Story: Conversations with Master Historians and How to Lead: Wisdom from the World’s Greatest CEOs, Founders, and Game Changers.David is a graduate of Duke University and the University of Chicago Law School.Please enjoy!*This episode is brought to you by ShipStation. Do you sell stuff online? Then you know what a pain the shipping process is. ShipStation was created to make your life easier. Whether you’re selling on eBay, Amazon, Shopify, or over 100 other popular selling channels, ShipStation lets you access all of your orders from one simple dashboard, and it works with all of the major shipping carriers, locally and globally, including FedEx, UPS, and USPS. Tim Ferriss Show listeners get to try ShipStation free for 60 days by using promo code TIM. There’s no risk, and you can start your free trial without even entering your credit card info. Just visit ShipStation.com, click on the microphone at the top of the homepage, and type in TIM!*This episode is also brought to you by Theragun! Theragun is my go-to solution for recovery and restoration. It’s a famous, handheld percussive therapy device that releases your deepest muscle tension. I own two Theraguns, and my girlfriend and I use them every day after workouts and before bed. The all-new Gen 4 Theragun is easy to use and has a proprietary brushless motor that’s surprisingly quiet—about as quiet as an electric toothbrush.Go to Theragun.com/Tim right now and get your Gen 4 Theragun today, starting at only $199.*This episode is also brought to you by Headspace! Headspace is your daily dose of mindfulness in the form of guided meditations in an easy-to-use app. Whatever the situation, Headspace can help you feel better. Overwhelmed? Headspace has a 3-minute SOS meditation for you. Need some help falling asleep? Headspace has wind-down sessions their members swear by. And for parents, Headspace even has morning meditations you can do with your kids. Headspace’s approach to mindfulness can reduce stress, improve sleep, boost focus, and increase your overall sense of well-being.Go to Headspace.com/Tim for a FREE one-month trial with access to Headspace’s full library of meditations for every situation.*If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ed Yardeni, Yardeni Research President, Chief Investment Strategist & Founder, says "stocks are back in a bull market." Saira Malik, Nuveen Chief Investment Officer, explains why she is worried about equity earnings. David Malpass, The World Bank President, explains the factors behind their 2023 forecast cut. Rep. French Hill (R) Arkansas, says Kevin McCarthy was the only choice for Speaker of the House. David Rubenstein, "Peer to Peer with David Rubenstein" Host & Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Coinbase CEO Brian Armstrong. Doug Kass, Seabreeze Partners President, talks challenges outlined in his latest, ‘Surprises for 2023’ note.  See omnystudio.com/listener for privacy information.

Stuart Kaiser, Citi Head of US Equity Trading Strategy, says we're seeing some "fatigue" in tech buying. Gita Gopinath, IMF First Deputy Managing Director, says a number of factors could be "muting the effect of monetary policy transmission," and as those effects decline, "we can start seeing more of a slowing in activity." Kit Juckes, Societe Generale Chief FX Strategist, sees weakness ahead for the dollar. Cameron Dawson, NewEdge Wealth CIO, believes in the 60/40 portfolio plus alternatives. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Afsaneh Beschloss, RockCreek Founder & CEO.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Explore the journey of David Rubenstein from advisor to President Jimmy Carter to co-founding The Carlyle Group. Learn about his struggles post-election, the growth strategy of Carlyle, and his dedication to philanthropy through the Giving Pledge. Discover insights on raising wealthy children, the importance of education in Jewish culture, and the power of resilience in Jewish entrepreneurship.