Crypto Investor, the newsletter from TheStreet Crypto, recently talked to David Rubenstein, the author of the new book How to Invest: Masters on the Craft, on crypto trends and why the war in Ukraine is helping drive crypto investment. Rubsteinstein is a billionaire investor and co-founder of one of the world’s largest private equity firms, the Carlyle Group. His book came out this month and imparts time-tested advice for how to invest long-term in crypto and other assets.
Although the book has an entire section devoted to investing in crypto, Rubenstein warns readers to exercise caution when placing a bet on who might win in the nascent industry, as the task might be a fool’s errand: “Trying to pick the ultimate winner, or winners, is an extremely difficult task,” Rubenstein says.
The businessman once saw crypto as a risky bet, and subscribed to a belief that it lacked any underlying value. But today, Rubenstein believes that even the current bear market and war in Ukraine cannot...
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