No. of Recommendations: 7
David Rubenstein, founder of private equity giant Carlyle, does a great job of interviewing leaders in business and finance. His interview with Bruce Flatt is more than a year old. Nevertheless, I am posting it now on this board for the benefit of existing shareholders who may not have seen it or would like to revisit and also for new investors considering investing in Brookfield. It's just a nice 'overview' type of interview.
Best investing advice: Compounding of returns is an incredible miracle of business and human existence. Everything you learn is additive every day and if you keep at it and don't quit, it's an incredible miracle. It's not just about compound interest returns, it also applies to compound business returns and compound human returns. They are all very additive.
Biggest investing mistake: Selling at the wrong time. Selling when prices go down. Invest for the right reasons, have conviction, and just keep at it. Keep your money in the market. Do not sell!
https://www.youtube.com/watch?v=y3UOPlIHADw