Carlyle co-founder publishes a new book on leadership, wealth, and investing.
- David Rubenstein’s new book, How to Invest: Masters on the Craft, just released provides lessons and tips from billionaires on how to make investments.
- Throughout the book, Rubenstein uses decades of experience to help the reader along the path of investing. A few questions he asks and answers are the following…
- How did Stan Druckenmiller short the British pound in one trade for a profit of $1 billion?
- What made Sam Zell the smartest, toughest investor the world of real estate has ever seen?
- How did Larry Fink build BlackRock into a firm that manages more than $10 trillion?
- How did Mary Callahan Erdoes rise to the top of J.P. Morgan’s wealth-management division to manage more than $4 trillion for individuals and families all over the world?
- In addition to wise investments, Rubenstein encourages giving and giving back to society using the profits of investment.
- “Investing is not about greed,” he says. “Most of the investors who really make money are giving away the bulk of it. . . Secondly, I think that they are doing something useful for society by actually allocating capital to useful things.”
Why it’s news
Rubenstein, The Carlyle Group co-founder and philanthropist, compiled the book to share insights from the greatest investors and find out what they share in common.
Throughout the book, Rubenstein covers a variety of investing topics such as venture capital, real estate, private equity, hedge funds, crypto, and endowments.
Rubenstein interviewed experts from around the world like billionaire investor Stan Drunkenmiller, BlackRock CEO Larry Fink, and cryptocurrency investor Mike Novogratz.
The book is intended to be a particular source for business students and other undergraduates looking to start exploring the investing world.
Rubenstein has already published New York Times best sellers, How to Lead, The American Experiment, and The American Story.
Proceeds from Rubenstien’s books will be donated to several different children’s hospitals.
The book was published on September 13, 2022, by Simon & Schuster.