Billionaire David Rubenstein: Owning a Sports Team Is Harder Than Anything I've Done Before

I am honored to be joined by my friend and repeat guest on Open Book, David Rubenstein. He has built one of the most successful careers in private equity, but he’ll be the first to tell you that owning a baseball team may be even harder. We talk about what he’s learned inside the owner’s box, why the best leaders know when to get out of the way, and his mission to bring a World Series championship back to his hometown of Baltimore.

David M. Rubenstein is the New York Times bestselling author of How to Invest, How to Lead, The American Experiment, The American Story, The Highest Calling, and Inside the Owner’s Box. He is Co-founder and Co-chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms. An original signer of The Giving Pledge and a recipient of the Presidential Medal of Freedom, Mr. Rubenstein chairs the Boards of the Council on Foreign Relations, the National Gallery of Art, the Economic Club of Washington, and the University of Chicago. Rubenstein is the Chairman, CEO, and principal owner of Major League Baseball’s Baltimore Orioles. He hosts The David Rubenstein Show on Bloomberg TV and PBS, and Bloomberg Wealth with David Rubenstein on Bloomberg TV.

David is brilliant, and this book provides amazing insights into the life of a sports owner: Inside the Owner's Box: Conversations on Power and Leadership in Sports.

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

Order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://www.scaramucci.net/allthewrongmoves Learn more about your ad choices. Visit podcastchoices.com/adchoices