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 T Rowe, Goldman Latest to Announce Tie-Up in Bid to Access Retirement Markets John Crabb Tokenized Equities Push to Go Mainstream — But the Rulebook Isn’t Ready John Crabb What Do We Know About Hedge Fund Activity in FX Options? Sponsored by CME Group