EDITOR'S NOTE: Ray Dalio doesn’t need much of an introduction as almost anyone even partially interested in the financial markets knows him not only as one of the most successful investors in the field but also as the founder of Bridgewater Associates, the largest hedge fund in history. So, how did he do it? Interestingly, Dalio reached his level of success by studying the large shifts in macroeconomic and political history over the last five centuries. By focusing on the proverbial fault lines deep below the global economic landscape, he’s been able to anticipate the seismic shifts causing macro changes in the market. Over the last few years, he’s been warning of a monumental change in the current system; a schism that may shake the foundations of stability that’s centuries-old. He writes about this in his latest book, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail. It’s a mind-blowing read. For a preview, he’s distilled the main points in the video below. This is a must for anyone who’s looking to take advantage of the potential economic picture before it fully reveals itself.
Source: YouTube via Principles by Ray Dalio.
Originally posted on YouTube via Principles by Ray Dalio.