In this episode of Big Shot, we're thrilled to welcome the incredible David Rubenstein! As a co-founder of The Carlyle Group, one of the globe's top private equity firms, David's journey from a Baltimore kid with big dreams to a presidential advisor and business mogul is truly inspiring. Join us, as David reveals how he overcame rejection after President Carter lost his re-election and pivoted into private equity. Learn why he's dedicated to giving back through initiatives like the Giving Pledge, and get ready for some thought-provoking insights, including why hiring geniuses might not be the best idea and tips on avoiding spoiling your kids.
In This Episode We Cover:
(03:40) Welcome David Rubenstein
(04:50) Why David and Harley both maintain their bar memberships
(05:37) Why education is important to the Jewish people
(07:30) David’s upbringing in Baltimore
(10:00) The difficulties that come with raising children when you’re wealthy
(11:30) David’s relatively laid-back parents
(13:34) The Jewish youth group that fueled David’s drive for more
(14:15) David’s first job out of law school
(15:25) How David became an advisor to President Jimmy Carter
(16:42) The years of struggle after Jimmy Carter failed to get re-elected
(20:41) How the Carlyle Group got their start
(24:36) Carlyle’s “bear hug” on Chichi’s
(27:22) David’s growth strategy for Carlyle focusing on diversification and globalization
(31:30) David’s mom’s philanthropy
(34:14) What the Giving Pledge is
(36:43) David’s philosophy on philanthropy
(39:33) An explanation of the Magna Carta, its failure, and the anti-semitism of the day
(42:22) David’s focus on patriotic philanthropy
(46:47) How David became the fundraiser for Carlyle
(47:56) How Carlyle was able to build a lasting company
(49:27) Why reasonably intelligent people make better employees than geniuses
(50:04) The cultural values that make Jewish people successful and want to give back
(54:10) Antisemitism in the US and Europe
(54:28) Why David still doesn’t think he’s made it
(55:33) Tips on raising kids and the three ways to influence people as a leader
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Referenced:
David Rubenstein on Patriotic Philanthropy: www.whitehousehistory.org/the...
Shelley v. Kraemer: en.wikipedia.org/wiki/Shelley...
Virtual Jewish World: Baltimore, Maryland: www.jewishvirtuallibrary.org/...
Paul, Weiss, Rifkind, Wharton & Garrison LLP: www.paulweiss.com/
Ted Sorensen: en.wikipedia.org/wiki/Ted_Sor...
William Simon: www.philanthropyroundtable.or...
G. William Miller: home.treasury.gov/about/histo...
Edward J. Mathias: www.carlyle.com/corporate-ove...
T. Rowe Price: www.troweprice.com/
The Mellon family: www.forbes.com/profile/mellon...
Greenmailing: www.investopedia.com/terms/g/....
Mike Milken: milkeninstitute.org/staff/mik...
Laura Lauder: www.lauderfamilyfund.org/abou...
The Giving Pledge: givingpledge.org/
Chuck Feeney: en.wikipedia.org/wiki/Chuck_F...
Magna Carta: www.archives.gov/exhibits/fea...
Frank Carlucci: en.wikipedia.org/wiki/Frank_C...
Jim Addison Baker III: history.state.gov/departmenth...
George H. W. Bush: www.whitehouse.gov/about-the-...
John Major: www.britannica.com/biography/...
Why are there so many Jewish Nobel winners?: www.thejc.com/lets-talk/why-a...
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Where to find David Rubenstein
X: / dm_rubenstein
Website: davidrubenstein.com/
Where To Find Big Shot:
Website: www.bigshot.show/
RU-vid: / @bigshotpodcast
TikTok: / bigshotshow
Instagram: / bigshotshow
Harley Finkelstein: / harleyf
David Segal: / tea_maverick
Production and Marketing: penname.co
7 авг 2024
