And Andrea Mitchell from msnbc and nbc news is my pleasure to welcome you just might anniversary of the National Book festival presented by the library of congress we are thrilled to have our authors David Rubenstein has authored a new book how to read and it is an extra ordinary conversation the leadership that makes people believers very special people David Rubenstein domestic policy advisor private equity firm and history buff and the philanthropist you saved the great panda and brought the magna carta to the archives is willing having a very Popular Television interview show. I didnt feel i was good as a leader so in the book i really went out to the most famous people that i could those in the business or culture or the arts or sports that is a summary of what they told me of what it takes to be a leader. And to get more specific tell me where you found and that connective thread among them . Persistence is number one. Nobody has ideas that are so brilliant they say yes that is g
Philanthropist. Also save the giant panda at the zoo and also bringing the magna carta to the archives. So how do you do it all . What about your leadership . I feel i was as good of a leader as the people i interviewed so i talk about what i try to do as a leader to recognize i went out to interview the most famous that i knew who were leaders in business or culture and the book is a summary of what they told me it takes to be a leader. You feel any particular qualities of leadership from these people . So tell me what you found to be the most important quality or the connected thread . Assistance is number one because nobody wakes up and can get anything done that they want nobody has ideas that are sold brilliant when jeff basil so i will sell books on the internet people laugh also communicate with other people and learn on teach them so they can work with you and also its important to be humble with the humility that gets further than arrogance but in the end those that are they w
History and biography is sponsored by wells fargo. God day i am a Andrea Mitchell from nsnbc and welcome is my great pleasure to welcome you to the 20th anniversary of a National Book festival present by library of congress. And we are thrilled to have today our office David Rubenstein who has produced author a new book and new book is how to lead. And it is an extraordinary combination of conversations on leadership and the qualities that make people believers especially these very special people. These unique individuals that david has assembled in his book. David rubenstein, welcome youre a lawyer. Youre former white house founder of the World Largest private equity firm youre a history buff restored Washington Monument you saved of the National Zoo Pandas brought magna carta and having saying nothing of a Television Show in bloomberg, and on pbs how do you do it all tell us about your leadership. Well, i didnt feel i was as good a leader as people i interviewed so in the book i tal
Climax keyser this is the kaiser report fear money. Try over and over again throughout history going back to john law hundreds of years ago and. As voltaire as the value of money always returns to its Intrinsic Value 0. I think we may be at once again an Inflection Point stacey where the fia let me experiment and in paper tears its paper tears from here on out of course kaiser report has told you this for the past 10 years we have warned you about this you know j. P. Morgan himself one time at one point when he was alive back oh about 100 years ago he said gold is money all else is credit well Deutsche Banks head of credit. So he should know agrees with them Deutsche Bank top credit strategist makes stunning admission i am a gold bug for money is a passing fad in the history of money so he said gold is definitely a fee out money hedge hes buying gold and that money will be a passing fad in the long term history of money well yeah this it always has been a passing fad and theres always
So silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out at the 1200. 00 level up and down 100. 00 from there for a few years as well but the gold bull market started about a year ago and now silver is confirming that so here you know you have this guy whos at the top credit strategist and so looking at the bond markets looking at on top of the bond markets bigger than the bond markets as the Derivatives Market and of course Deutsche Bank had i dont know how much of it has blown up with they certainly had the largest derivatives book in the world now passed by j. P. Morgan so i just want to show you this interesting chart its a visual. Capitalists chart all of the worlds money and markets a