People used to think that private equity was basically just a compensation scheme, but it is much more about making companies more efficient.
David RubensteinMy father worked in a post office and never made probably more than $8,000 a year as an employee of the post office, so when people can rise up from very modest circumstances and do well economically, I think that's a good thing about America, and we should encourage that kind of activity.
David RubensteinSometimes the best decisions in life are on the spur of the moment. So I generally try to do what I think is right. And sometimes I make mistakes.
David Rubenstein