Watch CNBC's full interview with billionaire investor David Rubenstein

Billionaire investor and philanthropist David Rubenstein, the Carlyle Group co-founder and co-chairman, joins CNBC's 'Squawk Box' to discuss his new book, ‘How to Invest: Masters on the Craft’. Rubenstein also breaks down inflation and why he thinks the rising costs aren't as systemic as the 1970s. Rubenstein also provides a market outlook and discusses growing tensions between Russia and Ukraine.