Carlyle Co-Founder David Rubenstein on Common Traits of Successful Investors

736: David Rubenstein, Carlyle co-founder and co-chairman, joins the broadcast to talk about his latest book How to Invest: Masters on the Craft and the common traits he found among the investors he profiled in the book. He shares anecdotes of his early investment misses, how they led to his future successes, and the reason he always chooses good work ethic over high IQ when hiring prospective employees. David contends that investors often think against the grain and explains why this acceptance of higher risk is critical to the success of these titans of finance. He also sees younger people as being key indicators of successful investments as they drive the technology of future generations. Finally, David reflects on his “patriotic philanthropy” and looks ahead at trends in politics, economics, and the future of cryptocurrency.