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 Video Global Housing Markets Are Weak — But There’s Hope Staff Video Five Black Swans That Could Change the Course of 2023 Staff Sponsored Content Methanol Gains Traction as an Alternative Energy Source Sponsored by CME Group