The First Rule of Investing: Don't Lose Money That's also the second rule of investing, says Blackstone's Stephen Schwartzman, because if you don't lose money, you will significantly outperform the market. Related Articles P10 Aims to Turn Data Into Alpha in the Middle Market John Crabb The ‘Precarious’ Risk-On Strategy That Drove Seawolf’s Outperformance Michelle Celarier AI and Process Integration Offer Managers a Path to Better Performance and Cost Control Sponsored by SS&C Advent