Billionaire David Rubenstein told us why he paid $1.7 billion for a baseball team, and shared his 2 biggest investing mistakes

David Rubenstein is the principal owner of the Baltimore Orioles.Chris Bernacchi/Diamond Images via Getty ImagesDavid Rubenstein spoke to Business Insider about buying a sports team and his two big misses.He said the AI boom may still have steam, and selling in a crash can be a massive mistake.The private equity billionaire and author published a new book, "Inside the Owner's Box," this week.David Rubenstein explained why he bought a baseball team, missed out on Amazon and Facebook, and would be