David Rubenstein highlights that despite risks like assassination, impeachment, and public failure, individuals still pursue the presidency. This is not a rational career choice but the ultimate expression of ambition in politics—a drive to reach the absolute "top of the totem pole" in their profession, regardless of the personal cost.
David Rubenstein reframes the act of putting his name on donated buildings. He explains it's not primarily for ego but to serve as a visible symbol for others, showing that someone from a poor background can achieve great success and give back to their community and country in a meaningful way.
The difficulty in going against conventional wisdom isn't just intellectual. According to David Rubenstein, it's rooted in the human desire to be liked and respected. People avoid contrarian bets because they don't want to be told they're "stupid" by their peers, making the psychological and social cost very high.
David Rubenstein posits that individuals from wealthy families may lack the intense drive required for successful investing, as it involves a "tortuous" learning process. Those from more modest backgrounds often possess the necessary hunger and grit to endure the inevitable failures and learn from them.