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Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240713

Me if my time was fixed but ok. I will leave it this way. I dont consider myself a journalist. Take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick. For about 20 years or so you have been the wealthiest man in the world but because youve given away so much money recently, jeff bezos became wealthier. That i havent given the money away fast enough to drop out of the top 10 and the market has been strong. Microsoft is up 35 this year. Two what do you attribute that . Bill the company is doing super well. Satya nadella is a great ceo. You know, the whole dream of the importance of software has really come true. The five most valuable companies in the world are these Technology Companies. Microsoft, you know, has a good share of that. I get to spend about a sixth of my time now over at microsoft. David so recently, you said the biggest mistake you made professionally was th

Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240713

Tips for me . Do you have any good ideas for me of what i can do with my money . Charles how about an index fund . Would you fix your tie, please . David well, people would not recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont consider myself a journalist. And, nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with chuck schwab, one of the bestknown figures in the American Business world, certainly has been so over the last several decades because of his ubiquitous face and his ads, but also because of the Great Company he has built, which is one of the leading Financial Service companies in the united states. He has now just written a book, called invested by Charles Schwab, and i want to talk about that. And his life, which is incredible. Let me start b

Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240713

I want to be a successful real estate developer. What is the skill set . Stephen to be successful in anything you have to have a , passion for what you are doing. David lets talk about your ye philanthropy. You have signed the giving pledge with no gates and Warren Buffett and so forth. Why did you do that . What did why did you give david so one of the causes you have is something i would like to talk about. You have been very open about it, unlike many people who have this problem. It is called dyslexia. Charles right. David and for those who are not familiar with it, it basically means it is difficult for you to read in the conventional way that the average person can read. Charles right. David but, the amazing part, in your book, as you describe it, is that you had it for much of your life, and you did not know you actually had it. Charles right. David can you explain it . Charles our youngest son was about seven or eight. We had him diagnosed. It turns out he had all the similar,

Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240713

David i dont consider myself a journalist. And, nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with chuck schwab, who is one of the bestknown figures in the American Business world, certainly has been so over the last several decades because of his ubiquitous face and his ads, but also because of the Great Company he has built, which is one of the leading Financial Service companies in the united states. He has now just written a book, called invested by Charles Schwab, and were going to talk about that and his life, which is quite incredible. Let me start by asking about something you made news with just recently. Your Company Announced you are not really going to just do discount brokerage, you are going to give away brokerage for free. In other words, if i want to buy some stock, i

Transcripts For RT Boom Bust 20240713

A congressional hearing in which case that will. Well break down the shake up at one of americas largest banks a lot to get here on a very busy day so lets get started. On oil lost as much as a 3rd of its value monday in its biggest drop since 1901 gold war fell to 30. 00 to 30. 00 per barrel as saudi arabia launched a price war with russia after the 2 failed to come to an agreement at its vienna meeting russia declined to agree to production cuts that have artificially kept Oil Prices Steady officially russia said it wants to wait and see what the Coronavirus Impact on demand is before agrees to cuts on officially russia is angry about u. S. Sanctions of Russian Energy Company Rosneft and attempts to stop the north stream to pipeline to germany by flooding the market and sinking prices russia sees an opportunity to crush the us shale industry which is dangerously levered to the hilt russia is also fed up with cutting production outputs timeout that time while u. S. Shell producers eac

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