We live in a time when everything is changing at such a rapid pace. One thing that isn’t changing as fast though is human behavior. Because human behavior has stayed consistent, history will repeat itself time and time again. That’s why no matter if it’s business, economics, investing, or world events, one of the best ways to predict a future outcome is by carefully studying the past.
My guest today has made a fortune by studying the past, and I’m so excited that he’s decided to pass down the knowledge and timeless frameworks in this next phase of his career and life. He’s a living legend in the investing and business world: the one-and-only, Ray Dalio! During our conversation, Ray shares how we can all adapt, succeed, and thrive with the changing world order based on the patterns and principles he’s observed in his years.
Ray Dalio is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a $5 million investment from the World Bank’s retirement fund. Dalio is regarded as one of the greatest innovators in the finance world, having popularized many commonly used practices, such as risk parity, currency overlay, portable alpha and global inflation-indexed bond management.
If you’re ready to learn how to invest for the future, how to come out on top despite the world changing so drastically, and SO much more, then this episode is for you. And now, please help me welcome Ray Dalio back to The School of Greatness for Episode 1,266!