Blackstone CEO Stephen Schwarzman gives advice on attracting and assessing strong talent, making smart decisions, and how to press forward when the chips are down.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish

Have we reached peak inflation? Is there more economic turmoil to come? And how did he end up in a bar fight in Trinidad? Tune in and find out! The production team on this episode were PLAN-B’s Nikolai Ovenberg and Niklas Figenschau Johansen. Background research was done by Sigurd Brekke with input from portfolio manager Mikael Modum BiletLinks:Watch the episode on YouTube: Norges Bank Investment Management - YouTubeWant to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no)Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedInFollow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedInFollow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.

Der Blackstone-CEO Schwarzman spricht über KI, US-Beschränkungen für China, ethische Aspekte, die Führung von Menschen über KI, sowie die Bedeutung von leidenschaftlichen und vertrauenswürdigen Mitarbeitern in einer wachsenden Organisation.

Stephen Schwarzman, founder of the Blackstone Group, shares his remarkable journey from a middle-class upbringing in Philadelphia to becoming a titan in finance. He discusses overcoming the 2007 real estate crash and the lessons learned from his rejection from Harvard. Furthermore, he highlights his major philanthropic contribution of $350 million to MIT for AI education and the vision behind the new computing center. The conversation also explores the importance of effective marketing strategies and mental wellness in today's data-driven world.

Stephen Schwarzman is the CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with over 530 billion dollars of assets under management. He is one of the most successful business leaders in history, all from humble beginnings back in Philly. I recommend his recent book called What It Takes that tells stories and lessons from this personal journey. Support this podcast by signing up with these sponsors: – ExpressVPN at https://www.expressvpn.com/lexpod – MasterClass: https://masterclass.com/lex EPISODE LINKS: What It Takes (book): https://amzn.to/2WX9cZu This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, Medium, or YouTube where you can watch the video versions of these conversations. If you enjoy the podcast, please rate it 5 stars on Apple Podcasts, follow on Spotify, or support it on Patreon. Here’s the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time. OUTLINE: 00:00 – Introduction 04:17 – Going big in business 07:34 – How to recognize an opportunity 16:00 – Solving problems that people have 25:26 – Philanthropy 32:51 – Hope for the new College of Computing at MIT 37:32 – Unintended consequences of technological innovation 42:24 – Education systems in China and United States 50:22 – American AI Initiative 59:53 – Starting a business is a rough ride 1:04:26 – Love and family