How to Invest

How to Invest

  • Downloads:8752
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2022-08-08 10:21:37
  • Update Date:2025-09-07
  • Status:finish
  • Author:David M. Rubenstein
  • ISBN:B09RX54SXL
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

A master class on investing featuring conversations with the biggest names in finance, from the legendary cofounder of The Carlyle Group David M。 Rubenstein。

What do the most successful investors have in common? David M。 Rubenstein, cofounder of one of the world’s largest investment firms, has spent years interviewing the greatest investors in the world to discover the time-tested principles, hard-earned wisdom, and indispensable tools that guide their practice。​

Rubenstein, who has spent more than three decades in the hypercompetitive world of private equity, now distills everything he’s learned about the art and craft of investing, from venture capital, real estate, private equity, hedge funds, to crypto, endowments, SPACs, ESG, and more。

-How did Stan Druckenmiller short the British pound in one trade for a profit of $1 billion dollars?
-What made Sam Zell the smartest, toughest investor the world of real estate has ever seen?
-How did Mike Novogratz make $250 million off crypto in one year?
-How did Larry Fink build BlackRock from scratch 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?
-How did Seth Klarman perfect value investing to consistently deliver net returns of nearly 20 percent?

With unprecedented access to global leaders in finance, Rubenstein has assembled the most authoritative book of its kind。 How to Invest reveals the thinking of the most successful investors in the world, many of whom rarely speak publicly。 Whether you’re brand-new to investing or a seasoned professional, this book will transform the way you approach investing forever。

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Reviews

Liquidlasagna

If you want to know how to invest, look at qualityand find some numbers to assess risk, profitabilty etcdon't listen to engaging storiesby a bunch of lucky bozos---Now if someone didn't have such an atrocious titleand the people interviewed were interesting to mei would say, yes it's a decent enough interview bookhonestly none of the companies got me excitedand if did, would I learn anything about how to invest better?---further musingswell, I think Rubenstein is fine for doing friendly low-pres If you want to know how to invest, look at qualityand find some numbers to assess risk, profitabilty etcdon't listen to engaging storiesby a bunch of lucky bozos---Now if someone didn't have such an atrocious titleand the people interviewed were interesting to mei would say, yes it's a decent enough interview bookhonestly none of the companies got me excitedand if did, would I learn anything about how to invest better?---further musingswell, I think Rubenstein is fine for doing friendly low-pressure interviews, never putting his guests in an uncomfortable situation with his questions。 He's funny and friendly and works better on television than in book form, but I still think there's going to be a real lack of substance, if you're going to sell these interviews as 'How to Invest'。He's got a cookie cutter strategy15% of his questions are humorous, like asking the head of GM if he pumps his own gas, or if Bill Gates ever carries any money。30% will be personal questions about their life40% about their careerand 10% on current eventsAs fun fluffy interviews i give him a 6, and as insights for investing, maybe a 2。Charlie Rose can interview the same people and you get a lot more out of it。I've looked as deep as one can with a pre-release and i actually hesitated in doing a review last month, but I did look into who he was interviewing and what questions he was asking them, and this book isn't much different than his previous interview books, but a lot of my judgement goes on 'who' they are interviewing。Klarman for example, feels that there isn't a big difficulty in getting the technical information for value investing, but like a poker player it is the psychologicals of things which are the real challenge to him。 Buying is easy, but selling might be trickier。Rubenstein's books are fine as low-key interviews, and their appeal is universal, but i dont believe any of the hype about any valuable lessons, or any of that bunk。 At least you'll hear about their successes and their failures。Now if people like to hear personal stories of how people attain a lot in life, and you hear what their stresses and struggles and unique challenges are, then you'll totally love this stuff。---I'm not all that interested in a guy doing one currency trade making someone a billion dollarsor who someone makes a quarter of a billion off cryptocurrency madness in a yearso i don't think it's all that useful。---I'd suggest someone watch David doing some interviewing thoughI came up with the idea that he's 80% Larry King, trying never to be boring, and always curiouswith a 20% Jay Leno amusement factorand 0。02% investment insight, which i think is the masterful and crafty part of it all 。。。more